Download or read book Effective Human Resource Management written by Edward Lawler and published by Stanford University Press. This book was released on 2012-07-04 with total page 213 pages. Available in PDF, EPUB and Kindle. Book excerpt: Effective Human Resource Management is the Center for Effective Organizations' (CEO) sixth report of a fifteen-year study of HR management in today's organizations. The only long-term analysis of its kind, this book compares the findings from CEO's earlier studies to new data collected in 2010. Edward E. Lawler III and John W. Boudreau measure how HR management is changing, paying particular attention to what creates a successful HR function—one that contributes to a strategic partnership and overall organizational effectiveness. Moreover, the book identifies best practices in areas such as the design of the HR organization and HR metrics. It clearly points out how the HR function can and should change to meet the future demands of a global and dynamic labor market. For the first time, the study features comparisons between U.S.-based firms and companies in China, Canada, Australia, the United Kingdom, and other European countries. With this new analysis, organizations can measure their HR organization against a worldwide sample, assessing their positioning in the global marketplace, while creating an international standard for HR management.
Download or read book Management Valuation and Risk for Human Capital and Human Assets written by M. Russ and published by Springer. This book was released on 2014-10-15 with total page 232 pages. Available in PDF, EPUB and Kindle. Book excerpt: Perspectives on Human Capital and Assets goes beyond the current literature by providing a platform for a broad scope of discussion regarding HC&A, and, more importantly, by encouraging a multidisciplinary fusion between diverse disciplines.
Download or read book Valuation of Human Capital written by Kimberly K. Merriman and published by Springer. This book was released on 2017-07-18 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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.
Download or read book Human Resource Valuation written by Janice Monti-Belkaoui and published by Praeger. This book was released on 1995-03-18 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Employees are definitely the most important assets of a firm. Yet the value and contributions of human resources are rarely accounted for and disclosed to users of accounting information. This book focuses on the need for a better accounting for human resource through a human resource valuation strategy. This strategy includes: (a) disclosing the value of human resources in the annual reports through the application of human resource accounting (HRA); (b) disclosing an employee report that informs employees about vital information for their conditions and decision needs, through the application of employee reporting; and (c) disclosing a value-added report that highlights the labor contribution to wealth, through the application of value-added reporting."--Pref.
Download or read book Human Resource Accounting written by Eric G. Flamholtz and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 393 pages. Available in PDF, EPUB and Kindle. Book excerpt: Updating the book since its last publication in 1985, this new edition of the landmark work on human resource accounting has been substantially revised to reflect the current state of the field through the late 1990s. The economies of many nations are increasingly dominated by knowledge- or information-based sectors driven by highly trained and specialized personnel. Whereas physical capital was of the utmost economic importance in the past, the distinctive feature of the emerging post-industrial economies is an increasing reliance on human and intellectual capital. The growing importance of human capital as a determinant of economic success at both the macroeconomic and microeconomic levels dictates that firms need to adjust to this new economic reality. Specifically, if human capital is a key determinant for organizational success, then investment in the training and development of employees to improve performance is a critical component of this success. This broad socioeconomic shift underscores a growing need for measuring and analyzing human capital when making managerial and financial decisions. Yet important human resource decisions involving hiring, training, compensation, productivity and other matters are often made in the absence of specific information about the different costs and benefits of these particular choices. Human resource accounting is a managerial tool that can be used to gain this valuable information by measuring the costs of recruiting, hiring, compensating and training employees. It can be used to evaluate employee training programs, increase productivity, and improve managerial decision-making regarding promotions, transfers, layoffs, replacement and turnover. Case studies illustrate, for example: How an insurance company evaluated a training program for claims adjusters and found that it would return two dollars for every one dollar spent. How a human resources accounting study revealed that an electronics firm's losses from employee turnover equalled one year's new income, and how the company initiated a program to reduce turnovers. The third edition presents the current state of the art of human resource accounting by (1) examining the concepts and methods of accounting for people as human resources; (2) explaining the present and potential uses of human resource accounting for human resource managers, line managers and investors; (3) describing the research, experiments and applications of human resource accounting in organizations; (4) considering the steps involved in developing a human resource accounting system; and (5) discussing some of the remaining aspects of human resource accounting that require further research.
Download or read book Human Resource Accounting in Public Enterprises written by R. K. Patra and published by . This book was released on 2005 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study conducted at Bharat Heavy Electricals Limited, Bhopal, India.
Download or read book Valuation and Disclosure of Human Resource Accounting HRA written by Mohammad Hossain and published by . This book was released on 2018 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human resource is now considered to be the asset of the company, as it's the hard work and intellect of the human resource, that a company earns profits. It is a reportable investment that is not presently accounted for under the conventional accounting practice. The monetary unit assumption of accounting does not allow reporting value of company employees in company's financial report because value of HR is difficult to measure in monetary unit. Though companies all over the world are showing their expenses related to human resources in the financial statements, they are not being able to show the expertise of their 'Human Capital' and how these resources are utilized, in the financial statements. Auditor certifies in his report that balance sheet shows true and fair position of business in spite of the fact that it is not showing the value of knowledge workers. The main purpose of preparing this paper is the accumulating different models and assumptions and those models and assumptions have been cited and illustrated here in order to proper valuation and disclosure of human resource in the financial statements.
Download or read book A Model for Human Resource Valuation written by Eric Flamholtz and published by . This book was released on 1971 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Resource Accounting written by Gary E. Blau and published by Scarsdale, N.Y. : Work in America Institute. This book was released on 1978 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: Annotated bibliography and literature survey of publications relating to human resources accounting in the USA - focuses on the definition and the measurement of human resource value and cost accounting, and covers applications, implementation and managerial uses of human resource accounting systems. Diagrams.
Download or read book Human Resource Accounting written by Eric Flamholtz and published by . This book was released on 1974 with total page 424 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book HUMAN RESOURCE ACCOUNTING AND AUDITING written by NISAMUDHEEN. T and published by Lulu.com. This book was released on 2017-01-10 with total page 182 pages. Available in PDF, EPUB and Kindle. Book excerpt: This unit aims to provide a basis for the conceptual framework of Human Capital Management. An attempt is made to highlight the following aspects.
Download or read book Performance Management Systems and Strategies written by Bhattacharyya and published by Pearson Education India. This book was released on 2011 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: Performance Management Systems and Strategies aims to provide extensive theoretical knowledge with practical overtones for students, and application-based knowledge for professionals to successfully implement performance management systems and stra
Download or read book Human Resource Due Diligence within the Context of Mergers Acquisitions written by Andreas Keller and published by GRIN Verlag. This book was released on 2011-09-14 with total page 138 pages. Available in PDF, EPUB and Kindle. Book excerpt: Master's Thesis from the year 2004 in the subject Business economics - Business Management, Corporate Governance, grade: 1.0, University of Strathclyde, language: English, abstract: The process of M&A (Mergers & Acquisitions) represents a predominate form of expansion, growth and internationalisation. In the past, M&A research into the strategic fit producing optimal synergies between two corporations has largely focused on the financial, legal and economic aspects of any prospective deal. Only since the increased awareness of a nearly fifty percent failure ratei has there also been growing consciousness of HR’s significance in this equation, together with the cultural aspects of integration strategies, and the cultural factors for globalisation – in other words, the cultural fit! In global terms, there is increasing acknowledgement and awareness of intellectual capital as a core economic resource, rating the significance of a company’s sum of human capital and intellectual property on a par with physical assets such as equipment, plant and inventories. Empirical evidence suggests that the management of cultural and human factors in a M&A implementation is crucial for smooth integration and overall positive outcome. The project work discusses, investigates, and reports on research into the essentials of human resource due diligence and its cultural aspects in a cross-border integration. It focuses on human resource management and cultural integration during a M&A phase. It also points out specific findings on integration using and intensive HR due diligence approach. The issues of discussions are based on a wide range of literature supported by findings of empirical studies published internationally and the M&A knowledge of the management staff . The project intends to tackle the contrast between pre-acquisition motives and post-acquisition behaviour, and the subtle process of sound integration in terms of HR due diligence in general cross-border M&A. The work will touch on the measurement approaches of the field of human resource accounting (HRA), specifically the stochastic rewards valuation model for M&A, as a tools for the measurement of the value of the ROI on human capital. The discussion on cultural integration includes cultural fit, cultural change and management across national cultures in mergers and acquisitions. Addressing these issues is designed to provide further insights for the two companies in question into the significance of HR due diligence in the run-up to any possible merger or an acquisition of ADMECO AG.
Download or read book Human Resource Valuation and Accounting written by Lakshminarayanan Ramanujam and published by . This book was released on 2017-11-16 with total page 254 pages. Available in PDF, EPUB and Kindle. Book excerpt: Human resource is the backbone of the economy.Irrespective of the nature of the industry, manufacturing, trading or servicing, human resource has a significant role to play for a smooth operation in the business cycle. Even in the days when artificial intelligence gains significance, to work on that and add more value for that, we need human beings to be on and around.Approaches to human resource accounting (HRA) were first developed in 1691. The next approach was developed from 1691-1960, and the third phase was post-1960. Eminent accountants and the finance professionals have suggested various methods monetary and non-monetary, for measuring the value of human resources utilized in an organization.But not much is happening on the application front, because of disparity in values and valuation, and want of simplicity and ease in use.Given this background, a simple solution has been worked going into the fundamentals for an easy adoption. This should help millions of professional accountants, organizations and the working population worldwide.Proper human resource accounting require appropriate valuation which could emerge only from a better appreciation of the humanity.The contents touch valuation through essays on humanity providing for a meaningful accounting and better reporting.
Download or read book The ROI of Human Capital written by Jac FITZ-ENZ and published by AMACOM Div American Mgmt Assn. This book was released on 2009-02-23 with total page 338 pages. Available in PDF, EPUB and Kindle. Book excerpt: The lifeblood of any business enterprise is its people. Yet it wasn’t until the publication of the groundbreaking book The ROI of Human Capital that there was a reliable way to quantify the contributions of people to corporate profit. Completely updated with new metrics, the book shows executives and HR professionals how to gauge human costs and productivity at three critical levels: organizational (contributions to corporate goals) • functional (impact on process improvement) • human resources management (value added by five basic HR department activities) The second edition contains new material on topics including corporate outsourcing, developments in behavioral science, and advances in trending and forecasting that have dramatically changed the way organizations measure the bottom line effect of employee performance. Utterly up-to-date, this is the go-to resource for organizations performing the essential task of measuring the value of their people.
Download or read book Human Resource Valuation written by David J. Dudeck and published by . This book was released on 1976 with total page 70 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Human Resource Accounting written by Marlin James Boeckmann and published by . This book was released on 1975 with total page 140 pages. Available in PDF, EPUB and Kindle. Book excerpt:
