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  • © 2017

Valuation of Human Capital

Quantifying the Importance of an Assembled Workforce

Palgrave Macmillan
  • Critical review of methods-based approaches to the valuation of human capital

  • Clear language is applied to a complex topic so even non-experts will grasp the concepts

  • Provides a fruitful combination of theory and practice unlike other books

  • Citable reference book that practitioners will want in their library

  • Includes supplementary material: sn.pub/extras

Buying options

eBook USD 54.99
Price excludes VAT (USA)
  • ISBN: 978-3-319-58934-3
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Hardcover Book USD 69.99
Price excludes VAT (USA)

This is a preview of subscription content, access via your institution.

Table of contents (9 chapters)

  1. Front Matter

    Pages i-xiii
  2. Preface

    • Kimberly K. Merriman
    Pages 1-6
  3. Workers as an Asset vs. Cost

    • Kimberly K. Merriman
    Pages 7-17
  4. Cost Approach to Value

    • Kimberly K. Merriman
    Pages 19-33
  5. A Closer Look at Cost Approach Assumptions

    • Kimberly K. Merriman
    Pages 35-45
  6. Income Approach to Value

    • Kimberly K. Merriman
    Pages 47-57
  7. Market Approach to Value

    • Kimberly K. Merriman
    Pages 59-67
  8. Sustaining Human Capital Value

    • Kimberly K. Merriman
    Pages 69-76
  9. Other Quantitative Views of Human Capital

    • Kimberly K. Merriman
    Pages 87-98
  10. Back Matter

    Pages 99-101

About this book

This book addresses the gap between the espoused importance of organizational human capital and how it is actually reported and assessed. It also discusses the current and potential uses of human capital measurement and a way for HR to position itself among other business functions such as finance, accounting, and operations. Readers will finish with an understanding of approaches for the valuation of a firm’s human capital, practical applications for the economic analysis of human capital, and gaps that are ripe for research and practice to address.  

Keywords

  • human capital valuation
  • assembled workforce
  • market value
  • organizational decision making
  • recruitment
  • accounting
  • real estate
  • Intangible Assets
  • Workforce Analytics
  • human resource management
  • entrepreneurial return
  • depreciation of human capital
  • Lev and Schwartz model
  • Flamholtz stochastic rewards valuation model
  • utility analysis

Authors and Affiliations

  • University of Massachusetts Lowell , Ambler, USA

    Kimberly K. Merriman

About the author

Kimberly K. Merriman is an Associate Professor of Management in the Manning School of Business at UMass Lowell, USA. She is a widely published and cited authority on compensation, performance management and human capital. 

Bibliographic Information

  • Book Title: Valuation of Human Capital

  • Book Subtitle: Quantifying the Importance of an Assembled Workforce

  • Authors: Kimberly K. Merriman

  • DOI: https://doi.org/10.1007/978-3-319-58934-3

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Business and Management, Business and Management (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2017

  • Hardcover ISBN: 978-3-319-58933-6Published: 28 July 2017

  • eBook ISBN: 978-3-319-58934-3Published: 18 July 2017

  • Edition Number: 1

  • Number of Pages: XIII, 101

  • Number of Illustrations: 2 b/w illustrations

  • Topics: Business Strategy and Leadership, Human Resource Management

Buying options

eBook USD 54.99
Price excludes VAT (USA)
  • ISBN: 978-3-319-58934-3
  • Instant PDF download
  • Readable on all devices
  • Own it forever
  • Exclusive offer for individuals only
  • Tax calculation will be finalised during checkout
Hardcover Book USD 69.99
Price excludes VAT (USA)