Metrics & KPIsHuman Capital Asset
Definition
Treat expenses on each training and development as capital investment carrying a depreciation of say $1000 (minimum) per year up to a maximum of 5 years. An employee attending 2 trainings say (a) $20000 (Masters program) (b) $500 seminar and carry human capital cost of $20,500 which will depreciate at $4500 the first year and subsequently $4000 per year until the fifth year which will appear as human capital expense. This way each human asset will have capital asset value and managers motivated
Tags
human capital, investment, training, development, human