RBS’ index scheme compares its HR staff with rivals

The Royal Bank of Scotland is piloting an HR benchmarking service that will
help it measure the effectiveness of its HR function against its competitors’.

HR Index has been launched by global professional services firm Andersen and
HR consultancy group EP-First and allows users to access benchmarking
statistics online or carry out a comparison of their own organisation.

Greg Aitken, HR strategy development manager for RBS, said, "The
availability of comprehensive and up-to-date benchmarking data plays an
important part in supporting our business.

"As part of our HR measurement strategy, benchmarking helps us
demonstrate the link between effectiveness of human capital and the creation of
superior stakeholder returns.

"HR Index will mean we can get instant access to reliable data from a
wide range of sources and we look forward to piloting this."

Brett Walsh, a partner at Andersen and head of the UK human capital
practice, believes the index will help HR professionals measure their impact on
bottom-line performance.


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