Human Resource Accounting Practices in India: A Study into Significance of HRA for Strategic HRM

• Author(s): Vaishnavi Sharma ; Prof. R. P. Singh
• Paper ID: 1705752
• Page: 33-38
• Published Date: 06-05-2024
• Published In: Iconic Research And Engineering Journals
• Publisher: IRE Journals
• e-ISSN: 2456-8880
• Volume/Issue: Volume 7 Issue 11 May-2024

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.

Citations

IRE Journals:
Vaishnavi Sharma , Prof. R. P. Singh "Human Resource Accounting Practices in India: A Study into Significance of HRA for Strategic HRM" Iconic Research And Engineering Journals Volume 7 Issue 11 2024 Page 33-38

IEEE:
Vaishnavi Sharma , Prof. R. P. Singh "Human Resource Accounting Practices in India: A Study into Significance of HRA for Strategic HRM" Iconic Research And Engineering Journals, 7(11)