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Wednesday - 23 May 2012

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Human Capital Evaluation
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Chrm Message From: vayjanthi Total Posts: 10 Join Date: 12/03/2009
Rank: Beginner Post Date: 12/03/2009 09:07:09 Points: 50 Location: India

Hello

I am a student of HRM and am currently doing a research paper on Human capital valuation. The scope of the paper also includes human capital valuation and its relation to traditional management accounting.

I would like all your esteemed opinion on the following question and would be grateful for any kind of input-

1) In the absence of exacting concepts to measure and account for human capital, what kind of measuring criteria should be taken? Or is it possible at all to relate Management A/C and Human capital evaluation?

2) What is the current scenario regarding this in the industry? How do companies measure their Human capital? (apart from the ROI approach).

Thank you

Vayjanthi


Chrm Message From: rajeshhrm Total Posts: 6 Join Date: 12/03/2009  
Rank: Beginner Post Date: 21/05/2009 14:13:21 Points: 30 Location: India
HR Audit and HR Metrics are the most widely used techniques search notes for those
Chrm Message From: godbolesarang Total Posts: 2 Join Date: 12/03/2009  
Rank: Beginner Post Date: 23/05/2009 10:49:42 Points: 10 Location: India

Human Capital Measurement (HCM) is the concept that deals with this HC evaluation.

It is different from traditional accounting because it contains certain mathematical formulae that help in deriving HC. Though ROI is one of the aspects of HCM, Opportunity Cost Measurement is also an important aspect that everyone often neglects.

 

SARANG GODBOLE

 
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