Valuation of Human Capital
Beschreibung:
This book addresses the gap between the espoused importance of organizational human capital and how it is actually reported and assessed. It also discusses the current and potential uses of human capital measurement and a way for HR to position itself among other business functions such as finance, accounting, and operations. Readers will finish with an understanding of approaches for the valuation of a firm's human capital, practical applications for the economic analysis of human capital, and gaps that are ripe for research and practice to address.
1. Workers as an Asset vs. Cost.- 2. Cost Approach to Value.- 3. A Closer Look at Cost Approach Assumptions.- 4. Income Approach to Value.- 5. Market Approach to Value.- 6. Sustaining Human Capital Value.- 7. Leveraging Human Capital via Organizational Social Capital.- 8. Other Quantitative Views of Human Capital.