A financial metric measuring the return generated by investment in people — calculated by comparing revenue or profit to total employment costs, showing how effectively the organization converts workforce spend into business value.
Skills infrastructure is most commonly underfunded relative to its strategic importance because its value is invisible when it works well and only becomes apparent when it fails: an organization without skills infrastructure discovers it cannot answer basic questions about its workforce — what skills does it have, where are the critical gaps, who could fill an emerging role internally — at precisely the moment when strategic decisions require those answers. Building skills infrastructure is a multi-year investment rather than a technology purchase: the skills taxonomy, assessment methodology, data integration architecture, and cultural adoption required to produce reliable skills data across the workforce cannot be created through a single platform deployment decision.
What the research says about employee engagement.
Other ways this term appears across industries and languages.
Common questions about employee engagement.