ABSTRACT

The value o the human capital asset of a nation is a function of quantity and quality as well as the operating environment. 1-luman resources valuation has remained an academic exercise and largely ignore d even in industries were the expertise of employee is the key differentiating factor. The process of valuation is complex and challenging, but unless we adequately assess the value of human resources, we will not be able to respond to future needs. The purpose of this study is to ascertain the valuation of human capita, know if there exist any relationship between the value of human capital and employee productivity. Survey data were obtained from 200 respondents to researcher design instrument. Data on market value, and productivity of some selected companies were also extracted from 2000-2009 and their human resource cost for some period capitalized in line with the methodology adopted. Data were analyzed using Descriptive, correlation, regression and paired sample 'I' test techniques. The result reviews that accounting is human resource capital provides future benefits and suggest that south treatment has relevant in decision making of firms, investors and even employees decision. The result was significant at 1% level when the t- test was 60.57% of productivity and 79.9% of market value which could be attributed to capitalize employee cost in financial statement. the work covers from the adaptation of human resource capital by individuals in Nigeria and the researcher commends that more actions should be taken in valuing human knowledge, skills, capabilities and experience of humans in the organization.