Indicators can be measured by profits, profitability, demand-supply compatibility;
2. Material efficiency of production process (performance indicators: deviation from the plan, defective products, complaints, delivery time and product quality);
3. Intangible efficiency of production process (performance indicators: solving problems and time, preparation for innovations, reduction and elimination of defective products, goal setting, time limited information, etc.);
4. The working morale (job satisfaction, sense of initiative, loss of working time, complaints, ability to assume responsibility, etc.);
5. The morale of inter-relationship between other individuals (assumption of dominance, arrangement for cooperation, friendship, respect, loyalty, teamwork, etc.)
Evaluation of investment in human capital may be guided by following theoretical formula (1):
E = R / I, (1)
where: I — investment in human capital; R — given results from this investment; E — human capital appliance efficiency.
A sserts a clear differentiation of evaluation methods. T here are applied the indicator-based, the value indicators discounting, the value building and other methods. T his increases the possibilities for differentiation of appropriate methods, by selecting the most relevant methods for their particular situation. H owever, there are underused the methods integration opportunities that could greatly expand the utilization possibilities of the methods.
A t macro-economic level, there are insufficiently utilized the indicators-based evaluation methods at the firm level. The proper appliance of these methods would allow expanding the information base opportunities and improving the current level of research into a new one.
Bibliography
Ankroust, O. (1959). Investment and economic growth. Productivity measurement review, No. 16.
DELOITTE & TOUCHE and PERSONNEL TODAY. (2002) Measuring human capital value 2002 survey. London: Deloitte & Touche.
S akalas, A., Liepe, Z. (2010). H uman capital and it’s measurement insight attitudes. E onomics and management.
K aunas University of Technology. K aunas: Technologija. no. 15, 726−732.
DELOITTE & TOUCHE and PERSONNEL TODAY. (2002) Measuring human capital value 2002 survey. London: Deloitte & Touche.
Ankroust, O. (1959). Investment and economic growth. Productivity measurement review, No. 16.
S akalas, A., Liepe, Z. (2010). H uman capital and it’s measurement insight attitudes.
E onomics and management. K aunas University of Technology.
K aunas: Technologija. no. 15, 726−732.
