Human Capital: An Imperative element for Companys Valuation in the Pandemic Era

ABSTRACT

Human Capital is often one of the most ignored assets, though it plays a very crucial role in deciding the fate of an organization. The Covid-19 pandemic has compelled most companies to change their perceptions towards the importance of their human capital. With increasing acknowledgement about the importance of Human Capital in the pandemic era, many organizations have tried to effectively and efficiently measure their human capital with the help of various parameters. The present research is aimed at investigating the role of competency in the valuation of Human Capital. The current study has been carried out among employees, randomly picked from Information Technology (IT) companies located in Pune city. Primary data was obtained from a sample of 100 respondents for statistical analysis who had sufficient commitment and hands on experience in their domain area. The recent study shows that, companies do put a lot of emphasis on competency assessment while they evaluate their employees in the specific job function that they have been hired to perform. Result obtained verifies that competency assessment played a significantly vital role in the valuation of human capital. © The Electrochemical Society