Singapore University of Social Sciences

Human Capital Measurement (HRM318)

Level: 3
Credit Units: 5
Presentation Pattern: Every semester

Topics

  • The Case for Human Capital Measurement
  • Understanding Measurement
  • Major Approaches for Measuring Human Capital
  • Aligning Human Capital Measurement to Organisational Strategy
  • Creating a Data Strategy for Effective Human Capital Measurement
  • Using a HRIS For HC Measurement
  • Descriptive Metrics
  • Generating Insights from Descriptive Analytics
  • Measuring Financial Costs and Benefits of HC initiatives
  • Financial Analysis Tools for Assessing Value of Human Capital
  • Predictive Analytics Concepts
  • Applications of Predictive Analytics across HR disciplines

Learning Outcome

  • Appraise the importance and utility of human capital measurement in relation to current business and economic trends.
  • Apply concepts and theories on human capital measurement to develop strategies to improve organisational effectiveness and meet business needs.
  • Synthesise principles of effective measurement and data management to identify data quality issues that may impact the integrity of reported outcomes.
  • Design a human capital measurement programme that links human capital to organisational outcomes and strategy.
  • Generate human capital insights with data obtained from organisational systems and information sources.
  • Recommend strategies to address human capital issues with an analytical mind-set and sound application of human capital metrics and analytics.
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