Measurement of Human Capital from the Perspective of Intellectual Capital

• Authors: Wachowiak, Piotr , Sopińska, Agnieszka , Mierzejewska, Wioletta

Abstracts

EN

Nowadays the value and the market position of an enterprise is more and more commonly a derivative of human capital of a given organisation. The development of human capital requires appropriate reporting and measurement. An analysis of instruments of identification and reporting human capital applied so far, in the light of intellectual capital, allows to state that there is no single universal instrument of identification and reporting human capital. Most researchers opt for multi-index tools, without specifying the way of calculating each index. Additionally, models developed so far focus, in a selective manner, on individual areas of human capital and provide separate indices for particular categories of human resources (e.g. only for management staff, or only for the clericals). Most methods are based both on qualitative and quantitative indices. The authors of the study find that, due to the complex nature of the human capital phenomenon, it is not possible to provide a method based on one index. They propose a multi-index, authors’ model for the analysis of human capital from several perspectives simultaneously: the perspective of costs; the perspective of time and quantity; the perspective of effectiveness; financial perspective and quality perspective. In total there are 28 indices, operationalised in detail, calculated in an annual perspective for the management staff and for the executive employees. Due to the simplicity of measures in the developed method, it can be applied by all enterprises, irrespective of their size.

Keywords

EN

Intellectual capital; human capital; measurement; index

• Publisher: Szkoła Główna Handlowa w Warszawie. Kolegium Zarządzania i Finansów
• Journal: Journal of Management and Financial Sciences
• Year: 2015
• Volume: 21(3)
• Pages: 131-146

Dates

published

2017-08-28

Contributors

author

Wachowiak, Piotr

author

Sopińska, Agnieszka

author

Mierzejewska, Wioletta