International Journal of Marketing and Technology
  • Year: 2013
  • Volume: 3
  • Issue: 12

Human resources accounting system in IT and manufacturing sector-A study

  • Author:
  • Munivenkatappa , S.R. Jagadeesh, K.V. Bharathi
  • Total Page Count: 14
  • Page Number: 106 to 119

*Head, Department of Commerce and Management, Smt. VHD Central Institute of Home Science, Sheshadri Road, Bangalore, Karnataka, India

**Assistant Professor, Commerce, Smt.VHD Central Institute of Home Science, Sheshadri Road, Bangalore, Karnataka, India

***Assistant Professor, Commerce, Government First Grade College, Sulibeli, Bangalore, Karanataka, India

Online published on 13 February, 2014.

Abstract

This is the one of the challenges facing in today's IT & Manufacturing sector the performance & profitability can be consider the expenses spend on the human resource & this can be taken consider as Human Resources Accounting to evaluate the profitability and expenses done on human resource.

Now the problem is how to manage these assets is the challenge that the IT and Manufacturing sector is facing, it is not a capital or finance or marketing management that gives the competitive edge but rather how well one is able to manage the human resource whose intellectual applications driven the business.

This leads to the fact to understand the Concept which involves investment in people and their replacement costs and also the economic value of people in the organization for employees. Which is considering as most important assets [Report of the committee on Human Resources Accounting]. How they are able to manage these assets in I T industry and manufacturing industry which is facing a challenge in today's business. Percentage analysis refers to a specific kind of ratio used in making the comparison between two or more series of data. Percentage is used to describe relationship and can also be used to compare the relative terms, the distribution of two or more series in data. Percentage of respondent = (no. of respondent/total no. of respondent)* 100

Keywords

Human, Resource, Accounting, IT.Manufacturing, Investment