Author Topic: Model on human resource accounting  (Read 1530 times)

Suraya Yasmen

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Model on human resource accounting
« on: September 29, 2018, 12:30:35 AM »
Model on human resource accounting

Model on human resource accounting
This model prescribes the human resource accounting approach for two categories of employees:
    1.Employees, who are at strategic, key decision-making positions such as MD, CEO (Top Executives)
    2.Employees, who execute the decision taken by Top Executives

Model arrives value of human resources as sum of below-mentioned three parts:
    1.Real capital cost part
    2.Present value of future salary/wages payments
    3.Performance evaluation part


Source: Wikipedia