International Journal of Commerce and Management Research

Authors
Thinesh Kumar M, Dr. Kavida V, Jegajothi R

Abstract
The main objective of this study is to evaluate the value of human capital in Infosys Technologies Limited (ITL). Human capital is considered as an important determinant of productivity in the knowledge economy. Human capital refers to an individual’s knowledge, skills and abilities that add economic value to an organization. Further, human capital is considered to be the crucial input for the development of new technology which is a prerequisite for the knowledge based companies. Hence the present study aims to evaluate the value of human capital and compute the return on human capital in Infosys Technologies Limited. The Lev & Schwartz model was used to value the human capital. Secondary data was used for the accounting period of 2004 to 2013. The study found that there is a positive high correlation of 0.999 between total income and total employee cost of ITL. It indicates that the performance of human resources in ITL is very good.