Measurement of Human Capital from the Perspective of Intellectual Capital
Journal Title: Journal of Management and Financial Sciences - Year 2015, Vol 21, Issue 3
Abstract
Nowadays the value and the market position of an enterprise is more and more commonly a derivative of human capital of a given organisation. The development of human capital requires appropriate reporting and measurement. An analysis of instruments of identification and reporting human capital applied so far, in the light of intellectual capital, allows to state that there is no single universal instrument of identification and reporting human capital. Most researchers opt for multi-index tools, without specifying the way of calculating each index. Additionally, models developed so far focus, in a selective manner, on individual areas of human capital and provide separate indices for particular categories of human resources (e.g. only for management staff, or only for the clericals). Most methods are based both on qualitative and quantitative indices. The authors of the study find that, due to the complex nature of the human capital phenomenon, it is not possible to provide a method based on one index. They propose a multi-index, authors’ model for the analysis of human capital from several perspectives simultaneously: the perspective of costs; the perspective of time and quantity; the perspective of effectiveness; financial perspective and quality perspective. In total there are 28 indices, operationalised in detail, calculated in an annual perspective for the management staff and for the executive employees. Due to the simplicity of measures in the developed method, it can be applied by all enterprises, irrespective of their size.
Authors and Affiliations
Piotr Wachowiak, Agnieszka Sopińska, Wioletta Mierzejewska
Keywords
Related Articles
- EP ID EP216964
- DOI -
- Views 102
- Downloads 0
Description of knowledge management in network organisations operating on the Polish market
Knowledge plays a double role in network organisations: on the one hand it is a determinant and the main reason for creating a network structure, on the other hand – it is the effect of the functioning of these structure...
Determinants of Network Organisations Creation. Selected Results of Empirical Research
The strategies of modern companies deal with their independent development but the concepts which make use of connections and partnership cooperation with other entities are gaining more significance. Cooperation may bec...
Issues Related to the Loans Action in the Opinions of the Customers and the Employees of a Commercial Bank – United Bank S. C. in Ethiopia
The development of the economy in general and the firm’s development in particular depend on easy and unlimited access to financial support. The aim of this research is to investigate the cooperation between United Bank...
Role of Virtual Platform Operators in Transforming Consumer Goods Market
Consumer goods market has evolved in recent four decades together with the dissemination of digital technologies and development of e-commerce. Practices based on human intelligence that solidified over ages are nowadays...
The Banks’ Financial Reporting and the Downfall of the Banking Sector
The recent literature examines the causes of the financial crisis of 2007–08 and their impact on global financial markets and economies. This paper attempts to close the gap in the banking sector’s research – linking ine...