HR Accounting: Concept of Human Capital Management - Online

HR Accounting: Concept of Human Capital Management - Online

This Workshop on HR Accounting will guide the HR Professionals as well as CEO to identify, measure and analyse the entire Investment scenario as well as Return on Investment of Human Resources.

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Objectives & outcomes of the Program: After successful completion of the Program participants will be able to:

  1. Understand about the concept of Human Resource Accounting
  2. Connect themselves with the Bottom line of the Company
  3. Calculate the Investment in Human Resources
  4. Do Cost-Benefit analysis for different Human Resource Initiative
  5. Calculate Value of Human Resources by applying different Models & Methods of HR Accounting
  6. Relate HR Accounting data analysis for effective Business Decisions

Essential Information:

  • Date: 4-5 October
  • Time: 8-10 pm Bd time/ 2-4 pm GMT [for both days]
  • Mode: Online Live class via zoom
  • Certifiate: Electronic Certificate will be issued
  • Exam: After the session, there will be quiz 

 

Introduction of the program:

The demand for accountability among all business functions has never been greater. Recent events show how vital decisions are about human resources in an increasingly uncertain and interconnected world. A key responsibility of organization leaders, human resource (HR) leaders, and consultants is to articulate the logical connections between progressive HR practices and firm performance, and they need to demonstrate those connections with data. This book provides logic and technology to look inside the “black box” between HR practices and financial/business performance.

Investing in people should be as systematic as investing in any other vital resource, based on logical frameworks and focused on optimization, not simply on reducing costs or mimicking best practices. This argues against the common “peanut-butter” approach to talent investments that spreads the same investments (for example, in training or staffing programs) over the entire organization, in an effort to be fair by being equal. Such approaches engender justifiable skepticism from leaders and employees who are asked to invest in programs or activities because HR—or even the CEO—says that everyone must do it.” That approach is in stark contrast to other resources, such as customers and technology, where investments are targeted where they have the greatest effect. Why not make greater talent investments where they matter most? This “decision science” approach provides the foundation for the techniques we present here.

We emphasize that, ultimately, measurement is valuable when it improves important decisions about talent. That requires not simply more or better measures, but an integrated approach that combines those measures with logic, analytics, and knowledge processes. This Master Class Program on HR Accounting will guide the HR Professionals as well as CEO to identify, measure and analyse the entire Investment scenario as well as Return on Investment of Human Resources.

Who may attend?

  • HR Professionals
  • Functional Head
  • Consultants
  • Trainers

Delegate will be able to comptetent to apply the skill of HR Accounting in their organization and can add value to the bottom line.

  • Module-1: HR Accounting: History, Concept & Practice
  • Module-2: Calculation of Cost & Benefit of HR initiative
  • Module-3: HR Budgeting
  • Module-4: Valuation of Human Asset
  • Module-5: HR Accounting for Decisions Making

This Program is recognized by Human Resource Institute – USA & Society for Human Resource Professionals – USA for recertification credit for their Certification Program

 “This program is valid for 4 PDCs for the SHRM-CP® or SHRM-SCP®.”

The use of this official seal confirms that this Activity has met HR Certification Institute’s® (HRCI) ®  criteria for recertification credit pre-approval.”  

 

 

  This program is also endorsed by International Professional Accreditation Council – Singapore [www.ipacglobal.org]

 

 

  • 'Value adding workshop. Leartn the numeric application of HR': Head of HR, Group of Companies, Bangladesh
  • 'Application oriented learning enable us to apply the skill of HR accounting in the workplace. Highly recomnded.' Manager-HR, Manufacturing Company, Bangladesh
  • 'Learnt some tools and technique to add value to the bottom line. Highly helpful to contribute' - Head of HR, Pharmaceuticle Company, Ghana
Length 1 week
Effort 10 hours
Live Chat Enabled
Fee $ 30.00
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