Human Resources Management Using a Factual Human Capital Assessment Model

Abstract

The research describes the factual human capital assessment model, which allows for human resources management. The authors use general scientific methods of induction, deduction, synthesis, and analysis. The human capital assessment model is based on private scientific modeling and mathematical methods. The research object is the carrier of human capital. The methodological basis of the research is the theories described in the framework of human capital, labor economics, and personality management. The information base of this research includes the results of a questionnaire, testing, and a survey of human capital carriers conducted by the authors in early 2023, as well as statistical data and research by scientists from Russia, China, Pakistan, Japan, and the USA. The neo-traditional (factual) model is opposed to the existing traditional (abstract) models of human capital assessment, which assess the bearer of human capital indirectly through statistical data and natural macroeconomic indicators. The authors establish that the neo-traditional (factual) model makes it possible to obtain data on the cost of human capital and visualize its structural components due to the decomposition of the model’s components. They are presented in the form of factual sub-measurements describing certain physiological abilities, cognitive skills, and knowledge, as well as socio-psychological features of the behavior of the bearer of human capital. According to the factual model, the cost of human capital in the Russian Federation averaged 15 million rubles.