<abstract xmlns="http://www.w3.org/1999/xhtml"><p>In developed economies, where the work input exceeds the physical input, the lack of harmonised and standardised rules of human capital assessment is visible. The mentioned indicates the deficit of an important part of the comprehensive value-added assessment. What do we lose by ignoring the important part of the employee’s value added in the working process? Companies underestimate the employee’s human capital input. Consequently, society typically does not recognize invisible sources of value added in companies. The goals of this article are to highlight the missing human capital (HC) element at the company level assessment and to raise the awareness about its importance. By analysing existing methods of coping with the mentioned challenge, no harmonised solution is evident. By the increasing share of the service sector, emphasis on the HC element should be monitored more closely. The article focuses on the missing and invisible human capital elements in the framework of the value added; it offers suggestions for inclusion of the human capital factor in the process of company’s value added assessment as well as reflections on further steps in this direction.</p></abstract>

In developed economies, where the work input exceeds the physical input, the lack of harmonised and standardised rules of human capital assessment is visible. The mentioned indicates the deficit of an important part of the comprehensive value-added assessment. What do we lose by ignoring the important part of the employee’s value added in the working process? Companies underestimate the employee’s human capital input. Consequently, society typically does not recognize invisible sources of value added in companies. The goals of this article are to highlight the missing human capital (HC) element at the company level assessment and to raise the awareness about its importance. By analysing existing methods of coping with the mentioned challenge, no harmonised solution is evident. By the increasing share of the service sector, emphasis on the HC element should be monitored more closely. The article focuses on the missing and invisible human capital elements in the framework of the value added; it offers suggestions for inclusion of the human capital factor in the process of company’s value added assessment as well as reflections on further steps in this direction.

Employees: Invisible Added Value of a Company

Ministry of Labour, Family, Social Affairs and Equal Opportunities

Naše gospodarstvo/Our economy

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

{"article-title":"Employees: Invisible Added Value of a Company"}

In developed economies, where the work input exceeds the physical input, the lack of harmonised and standardised rules of human capital assessment is visible....

Employees: Invisible Added Value of a Company

Data publikacji: 26 cze 2018

Zakres stron: 52 - 61

Otrzymano: 01 gru 2017

Przyjęty: 01 kwi 2018

DOI: https://doi.org/10.2478/ngoe-2018-0012

Słowa kluczowe
employee, value added, human capital, assessment

© 2018 Magda Zupančič, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Employees: Invisible Added Value of a Company

Data publikacji: 26 cze 2018

Zakres stron: 52 - 61

Otrzymano: 01 gru 2017

Przyjęty: 01 kwi 2018

DOI: https://doi.org/10.2478/ngoe-2018-0012

Słowa kluczoweemployee, value added, human capital, assessment

© 2018 Magda Zupančič, published by Sciendo

This work is licensed under the Creative Commons Attribution-NonCommercial-NoDerivatives 3.0 License.

Słowa kluczowe
employee, value added, human capital, assessment