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Human Resource Accounting: Advances in Concepts, Methods and Applications by Eric G. Flamholtz (Hardcover, 1999)

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This edition has been substantially revised to reflect the state of the field through the late 1990s. The economies of many nations are increasingly dominated by knowledge- or information-based sectors driven by highly trained and specialized personnel. Whereas physical capital was of the utmost economic importance in the past, the distinctive feature of the emerging post-industrial economies is an increasing reliance on human and intellectual capital. The growing importance of human capital as a determinant of economic success at both the macroeconomic and microeconomic levels dictates that firms need to adjust to this new economic reality. Specifically, if human capital is a key determinant for organizational success, then investment in the training and development of employees to improve performance is a critical component of this success. This broad socioeconomic shift underscores a growing need for measuring and analyzing human capital when making managerial and financial decisions. Yet important human resource decisions involving hiring, training, compensation, productivity and other matters are often made in the absence of specific information about the different costs and benefits of these particular choices. The book is a managerial tool that can be used to gain this valuable information by measuring the costs of recruiting, hiring, compensating and training employees. It can be used to evaluate employee training programmes, increase productivity, and improve managerial decision-making regarding promotions, transfers, layoffs, replacement and turnover. Case studies illustrate, for example: how an insurance company evaluated a training programme for claims adjusters and found that it would return two dollars for every one dollar spent; and how a human resources accounting study revealed that an electronics firm's losses from employee turnover equalled one year's new income, and how the company initiated a program to reduce turnovers. It presents the state of the art of human resource accounting by: examining the concepts and methods of accounting for people as human resources; explaining the present and potential uses of human resource accounting for human resource managers, line managers and investors; describing the research, experiments and applications of human resource accounting in organizations; considering the steps involved in developing a human resource accounting system; and discussing some of the remaining aspects of human resource accounting that require further research.

Product Identifiers

Publisher
Springer
ISBN-13
9780792382676
eBay Product ID (ePID)
95061688

Product Key Features

Author
Eric G. Flamholtz
Publication Name
Human Resource Accounting: Advances in concepts, Methods and Applications
Format
Hardcover
Language
English
Subject
Accounting, Management
Publication Year
1999
Type
Textbook
Number of Pages
390 Pages

Dimensions

Item Height
235mm
Item Width
155mm
Item Weight
1660g

Additional Product Features

Title_Author
Eric G. Flamholtz
Country/Region of Manufacture
Netherlands

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Human Resource Accounting: Advances in Concepts, Methods and Applications by Eric G. Flamholtz (Hardcover, 1999)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

Best Selling in School Textbooks & Study Guides

Self-Made Man: My Year Disguised as a Man by Norah Vincent (Paperback, 2006)

The Big Book of Catapult and Trebuchet Plans! by Ron L Toms (Paperback, 2010)

Tracks, Scats and Other Traces: Reissue by Barbara Triggs (Paperback, 2004)

Charles Hanon: The Virtuoso Pianist In Sixty Exercises For The Piano (Book I) by Hal Leonard Corporation (Paperback, 1986)

Step-by-step Drawing Book by Fiona Watt (Paperback, 2014)

Save on School Textbooks & Study Guides

Secret Teachings of All Ages: An Encyclopedic Outline of Masonic, Hermetic, Qabb

Bindi: Winner of the Daisy Utemorrah Award by Kirli Saunders (Paperback) FREE Sh

The Things You Can See Only When You Slow Down: How to be Calm in a Busy World

Powerless: Tiktok Made Me Buy It! an Epic and Sizzling Fantasy Romance Not

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