Improving the Return on Human Capital: New Metrics

Autor:	Paul W. Mulvey, Peter V. Le Blanc, Jude T. Rich
Rok vydání:	2000
Předmět:	Capital budgeting Physical capital Commerce Financial capital business.industry Cost of capital Individual capital Capital employed General Medicine Business Human resources Human capital Industrial organization
Zdroj:	Compensation & Benefits Review. 32:13-20
ISSN:	1552-3837 0886-3687
Popis:	Old means of measuring employee effectiveness and value are now outdated and incomplete. In contrast with the past, the knowledge worker is now the dominant source of value creation in an organization. Organizations must develop metrics that measure knowledge worker value. This article explains the use of the human capital approach, which calculates investments and returns on individuals to measure their impact and justify investments. The human capital approach aligns the human resource function with the business. A case study of one company's successful use of the human capital approach demonstrates the advantages of this perspective.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::6c967737145aca28cac6d725712ecc15 https://doi.org/10.1177/088636870003200103 Zobrazit plný text záznamu