•Tangible factors•Intangible factors

Factors influencing on Human resource accounting

Physical factor

Extent of aim achieved

Average number of people recruited

Guidance needsTime and

performance comparison

Cost involvedPrice of service soldCost comparison

among similar services

Tangible factors

Financial factor

Positive factorsQuality of services ratedBenefits ratedForming of social

indicators and their comparison

Effectiveness of training programmes

Market popularity of the institution

Judgement of real value of human resource

Measuring damagesCreating social evilsHuman resources as

liability through destructive activities

Lack of individual and group relations

Intangible factors

Negative factors

The investment made in human resources The value human resource 

HR practices in India

The human resource investment usually consists of the following items:-

Expenditure on advertisement for recruitment Cost of selection Training cost On the job training cost Subsistence allowance Contribution to provident Fund Educational tour expenses Medical expenses Ex-gratia payments Employee’s Welfare Fund

Investment pattern

Bharat heavy Electrical Ltd (BHEL). Steel Authority of India Ltd (SAIL). Oil and Natural Gas Commissioning (ONGC). Oil India Ltd Project and Equipment corporation of India.(PEC). Engineers India limited Mineral and Metal trading Corporation of India.(MMTC). Electrical India Ltd. Hindustan Shipyard Ltd. Cement corporation of India. (CCI). Infosys Technologies Ltd. Tata Engineering and Locomotive Works Southern Petrochemicals Industries Corporation Ltd SPIC). Associated Cement Company Ltd ACC). National Thermal Power Corporation Ltd (NTPC)

Human Resource Accounting Practicing Companies In India