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Human Resource Accounting and Valuation Practices in R and D Institutions


Vijaya Mani, M. Kavitha and K. Sampath Kumar
Abstract

Human Capital Valuation is the matching of costs and revenues and of organizing data to communicate relevant information in financial terms. The research aims at assessing the Human capital valuation practices in a R and D institution in Tamil Nadu. The primary data was collected through a questionnaire. A total of 210 questionnaires have been distributed to the employees. Out of the 210 respondents, 194 questionnaires were received notifying a response rate of 92.38%. The research design used is descriptive in nature. The Organization has opined that their employees are their greatest assets and that they are the driving force behind the future success of any organization. The results indicated that the investigated organizations' management doesn’t provide the employees with enough support to apply HRA in their organization, as it is still considered as a new concept. The organization has a very good HR database that can provide an effective help to HRA application. Based on the findings, suggestions like management needs more awareness campaigns about HRA, and its benefits, Training should be given to employees as a prior practice for applying HRA and management should consider the investment on HRA were forwarded to the organization for improving the perception of the stakeholders towards the valuing the human resources.

Volume 11 | 03-Special Issue

Pages: 1301-1309