TITLE:
A New Method of Measuring Human Resource Output Value: An Analysis Based on New Understanding of Value Chain
AUTHORS:
Yuewu Wang, Sichao Wang, Lily Wang
KEYWORDS:
Human Resource Output Value (HROV), Value Chain (VC), Responsibility Centers (RCs), Accounting Measurement, Human Resource Accounting (HRA)
JOURNAL NAME:
Journal of Human Resource and Sustainability Studies,
Vol.9 No.4,
November
18,
2021
ABSTRACT: To measure enterprise’s Human Resource Output Value (HROV), lots of
concerned information and knowledge are needed,
being faced with the conflicts derived from the mismatching of informational
structures in enterprise. In enterprise’s Value Chain (VC), the output value of
its step-by-step production could be explicated through the pricing in internal
modulated marketing transactions between Responsibility Centers (RCs), endowed
with corresponding rights, responsibility, and benefits to manage their
resources including Human Resource (HR). Based on the decentralized and
market-oriented organizational structure along with its VC, the degree of
difficulty of measuring enterprise’s HROV could be reduced greatly by being
decomposed at the level of RCs.