Complete attached assignment. 300 words minimum.
Comment on the following questions in essay form. Do some research on Human Resource Accounting (HRA)
1. What are the benefits associated with HRA?
2. What are the challenges?
3. Would it be possible to calculate a ratio measuring the return on investment in human capital?
4. How would the ability to measure the value employees add to the company affect the job of the Human Resource manager or the role of the Human Resource Department?
How do you define the value of a company’s employees? Are employees best categorized as a business cost or an investment in the future? Are they an asset or an expense? Why is it important to be able to place a value on human capital?