Financial Planning, Budgeting, and Forecasting: Financial Intelligence Collection (7 Books)

CHAPTER ELEVEN

Measuring and Reporting Human Capital

A Vital Exercise

Key Topics Covered in This Chapter

•What human capital is, why it’s important, and why companies must measure it

•How companies measure human capital

•Initiating a human-capital measurement program in your firm

•Reporting your firm’s human capital

THE WORDS human capital have cropped up increasingly in the business press and during workplace conversations in recent years. But what is human capital, exactly? And why does it constitute a crucial theme in HR professionals’ financial literacy? Equally important, how do HR professionals help their firms measure and report human capital so as to get the most value from this vital resource? This chapter takes a closer look at these ...