Towards the development of a model for human resource accounting: The St. Paul University experience

• Main Author: Jamias, Blandine Teresita, S.P.C.
• Format: text
• Language: English
• Published: Animo Repository 2001
• Subjects: Human capital > Accounting; Universities and colleges; Education > Economic aspects; Educational Leadership
• Online Access: https://animorepository.dlsu.edu.ph/etd_doctoral/926
• Institution: De La Salle University

This study develops a model for Human Resource Accounting System (HRAS) addressing four salient areas: acquisition, maintenance, retention and development. This study is historical/descriptive in nature. The researcher traces the movement of the human resource in the university from selection to separation, termination or retirement. In each of these different stages in the stay of the human resource in the university, different costs incurred on the human resource are tracked. The subjects of the study are full time faculty members whose tenure in the university is at least five years. The study utilizes the income statement relevant to the time frame of the study. From this document, the various costs on acquiring, maintaining, retaining and developing are sorted and analyzed. The development of the proposed HRAS model comes into stages: the use of Fitz-enz and Pyle models as a working framework for human resource accounting in a school setting and the use of the evolved model. The initial working utilizes Fitz-enz and Pyle framework as a test model. It consists of six steps: evaluating, planning, acquiring, maintaining, developing and retaining. The test model evolves the proposed process design and implementation of an HRA for the university. The proposed HRAS model consists of five phases: identify human resource accounting objectives, develop human resource accounting measurements, develop a database for the system, pilot test the system and revise it if necessary, and implement the system in the organization.