Study On The Monetary Measurement Methods Of Human Resource Value

Human resource is the most active factor in production and operating activities, and is vital resource in creating value as a fact. The role of human resource is not only promoting culture innovation, pushing forward human civilization, the accumulation of knowledge and technological change, more important, human resource plays an irreplaceable role in the procession of social progress. Knowledge, experience, organizing ability, managing ability, teamwork ability, and affinity's importance to creating value is much more and more concerned. Under these circumstances, the check and report of human resource value is much more and more appreciated. Beyond all the doubt, the accurate measurement of human resource value is premise of human resource accounting smoothly going on. And then how to measure human resource value is a big question worth discussing, and it is the standing point and crux of human resource accounting, and the meaning of this paper.In recent years, the importance of human talents in economic development has been widely accepted. And research round human resource value goes to greater depth. Economists and scholars from home and abroad have made a series of investigation and research from different angles, have made some achievements and have put forward some measurement mode. However, because of the complexity and particularity of human resource value measurement, the research findings acquired do not have its applying conditions, and is hard to operate. Until now, there is not a set of positive and great-accepted human resource value measurement method. We have just begun to study human resource value measurement method; there is a long way to go until we can carry out work about human resource accounting.This paper make a conclusion and analyze the monetary measurement methods of human resource value based on human resource value measurement theory including Marx's labor value theory, western economics-relevant theory and so on. Now popular monetary measurement methods of human resource individual value are the discounted compensation method, the contingent reward method, the inside competitive bidding method, the factor analysis method and so forth. The popular monetary measurement methods of human resource group value include the non- purchase goodwill method, the economic value method, the discounted net assets method, the option competitive bidding mode method etc. However these methods have some flaws and certain pre-conditions. This paper stars from the monetary measurement methods of human resource value, research and analyze the monetary measurement methods of human resource value using the normative study first and case analysis study dynamic integration method, put forward some suggestions on different monetary measurement methods application, and hope that there are some rules to follow in choosing measurement methods of human resource value and choose appropriate method easily, and on this base, measure the human resource value more reasonably and accurate combining the non-monetary measurement methods. Finally, this paper also pushes forward some suggestions about consummating human resource accounting system and accounting environment. As a result, this can boost the enforcement of human resource value measurement methods and serve human resource accounting system and practice.