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Human Resource Accounting Practices in India: A Study into Significance of HRA for Strategic HRM
Subject area: Management and Commerce · Area of research: Human Resource Management
Abstract
The people working in and for any organisation make the human resource of it. Human resources of an organisation hold the major contribution in its growth and productivity. It is the human resources who with its intelligence, skills, knowledge and competence contribute towards the augmented transformation of all other related resources into value added products and services. Not just a high level production system but also, it is the human resource which leads to technology creation and up gradation, enhancement of production channels and methods with its innovation and proficiency. This study is descriptive in nature and covers the analysis of emerging human resource accounting practice, and also its contribution in strategic workforce management. The study also highlights the challenges that come forth in the implementation of the HRA system.
Keywords
HR Policies, HR Strategies, Human Resource Accounting, Performance Management, Strategic Human Resource Management.
How to cite this paper
@article{1705752,
author = {Vaishnavi Sharma, Prof. R. P. Singh},
title = {Human Resource Accounting Practices in India: A Study into Significance of HRA for Strategic HRM},
journal = {Iconic Research And Engineering Journals},
year = {2024},
volume = {7},
number = {11},
pages = {33-38},
issn = {2456-8880},
url = {https://www.irejournals.com/formatedpaper/1705752.pdf},
abstract = {The people working in and for any organisation make the human resource of it. Human resources of an organisation hold the major contribution in its growth and productivity. It is the human resources who with its intelligence, skills, knowledge and competence contribute towards the augmented transformation of all other related resources into value added products and services. Not just a high level production system but also, it is the human resource which leads to technology creation and up gradation, enhancement of production channels and methods with its innovation and proficiency. This study is descriptive in nature and covers the analysis of emerging human resource accounting practice, and also its contribution in strategic workforce management. The study also highlights the challenges that come forth in the implementation of the HRA system.},
keywords = {HR Policies, HR Strategies, Human Resource Accounting, Performance Management, Strategic Human Resource Management.},
month = {May},
}