Valuation of human capital : quantifying the importance of an assembled workforce /: quantifying the importance of an assembled workforce. (2017)

• Record Type: Book
• Further Information: Note: Kimberly K. Merriman.
• Other Names: Merriman, Kimberly K
• Contents: About the Author; List of Figures; List of Tables; Chapter 1 Preface; Abstract ; 1.1 A Closer Look at What This Book Offers; 1.2 Overview of Chapters; Chapter 2 Workers as an Asset vs. Cost; Abstract ; 2.1 Introduction; 2.2 History of Perspectives on Human Capital; 2.3 A Call to Include Human Capital on the Balance Sheet; 2.4 Defining the Term Value; 2.5 Defining the Concepts of Intangible and Tangible Assets; 2.6 External and Internal Uses for Valuation of Human Capital; 2.7 Brief Overview of Approaches to Value; 2.8 Critical Thinking Questions. Chapter 3 Cost Approach to ValueAbstract ; 3.1 Introduction; 3.2 Origins of the Cost Approach to Human Capital Value; 3.3 Does Cost Equal Value?; 3.4 Legal Precedent; 3.4.1 Ithaca Industries; 3.4.2 Burlington Railroad and Madonna Hotel; 3.5 Reproduction Vs. Replacement Cost; 3.6 Calculating Replacement Cost New (RCN); 3.6.1 Number of Employees by Type; 3.6.2 Average Market Compensation; 3.6.3 Recruiting and Hiring Costs; 3.6.4 Training Costs; 3.6.5 Entrepreneurial Return; 3.7 Replacement Cost New Less Depreciation (RCNLD); 3.7.1 Physical Deterioration. 3.7.2 Functional Obsolescence3.7.3 External Obsolescence; Critical Thinking Questions; Chapter 4 A Closer Look at Cost Approach Assumptions; Abstract ; 4.1 Introduction; 4.2 People Are not Owned; 4.3 Understanding Entrepreneurial Return; 4.3.1 Opportunity Cost to the Developer; 4.3.2 Opportunity Cost of Capital; 4.4 Lost Productivity; 4.5 Refining and Supporting Workforce Assemblage Costs; 4.5.1 Recruitment, Hiring, and Training Costs; 4.5.2 Depreciation and Obsolescence; 4.6 Non-fungible and Short-Term Workers; 4.6.1 Critical Thinking Questions. Chapter 5 Income Approach to ValueAbstract ; 5.1 Conceptual Logic of the Income Approach; 5.2 Capitalization of Aggregate Compensation Technique; 5.3 The Lev and Schwartz Model; 5.4 The Flamholtz Stochastic Rewards Valuation Model; 5.5 Capitalized Excess Earnings Method; 5.6 Reconciling the Income and Cost Approach Values; 5.6.1 Critical Thinking Questions; Chapter 6 Market Approach to Value; Abstract ; 6.1 Conceptual Logic of the Market Approach; 6.2 Residual Value Method; 6.3 Comparative Analysis of Incremental Value Differences; 6.4 Sale of Assembled Workforce. 6.5 Advantages and Disadvantages of the Market Approach6.5.1 Critical Thinking Questions; Chapter 7 Sustaining Human Capital Value; Abstract ; 7.1 Sustaining the Human "Asset"; 7.2 The Performance-Regeneration Paradox; 7.3 Financial Investment in Ongoing Learning; 7.4 Employee Motivation; 7.5 Human Welfare as a Goal Itself; 7.5.1 Critical Thinking Questions; Chapter 8 Leveraging Human Capital via Organizational Social Capital; Abstract ; 8.1 Defining Organizational Social Capital; 8.2 Distinguishing Organizational Social Capital from Human Capital.
• Publisher Details: Cham : Springer International Publishing
• Publication Date: 2017
• Extent: 1 online resource (104 pages)
• Subjects: 650; Business; Human capital; Leadership; Personnel management; BUSINESS & ECONOMICS -- Management; BUSINESS & ECONOMICS -- Reference; BUSINESS & ECONOMICS -- Skills; Human capital; Business; Leadership; Personnel management; Business and Management; Business Strategy/Leadership; Human Resource Management; Business & Economics -- Human Resources & Personnel Management; Personnel & human resources management; Management science; Business strategy; Electronic books
• Languages: English
• ISBNs: 9783319589343; 3319589342
• Related ISBNs: 9783319589336
• Notes: Note: Print version record.
• Access Rights: Legal Deposit; Only available on premises controlled by the deposit library and to one user at any one time; The Legal Deposit Libraries (Non-Print Works) Regulations (UK).
• Access Usage: Restricted: Printing from this resource is governed by The Legal Deposit Libraries (Non-Print Works) Regulations (UK) and UK copyright law currently in force.