HUMAN CAPITAL ASSESSMENT METHODOLOGY

The main purpose of the paper is to analyse the existing methods and procedures of estimation of human capital as a dominant factor in improving profitability and competitiveness of the enterprise. The main tasks of the paper are to study and analyse the concept of human capital and its characteristics, to systematise approaches and methods of estimation of human capital within the framework of the company and the national economy. Methodology. This study analyses the theoretical basis of the estimation of human capital at different levels. The method used is literature review. Findings. The article raises the problem of using human capital as one of the indicators of efficient development of the economy. The analysis of the methodology of estimation of human capital is carried out. The article considers current methods of estimation of human capital at different levels: micro-, meso-, macro-, as well as their comparative analysis. The characteristics of the basic approaches to the estimation of human capital are considered, the analysis of the problems of indirect methods of estimation of human capital, objectivity and sufficiency of data for the construction of estimates is carried out. External factors such as socio-psychological resources, environmental influences, human lifestyles, such as dietary intake, need to be taken into account in order to estimate human capital accurately. Each approach has its own strengths and weaknesses. The weaknesses are more related to the difficulties in quantifying some of the components of human capital and the difficulties in collecting, processing and statistically analysing information at all levels of the study. Each approach has its own strengths and weaknesses. The weaknesses are more related to the difficulties of quantifying some components of human capital, and the difficulties of collecting, processing and statistically analysing information at all levels of the study. The authors also found that the investment approach is the most popular and provides the most adequate estimates. Practical implications. The results of this study provide a methodological basis for improving the methodology of estimating the value of human capital. The analysed approaches can be used at different levels of the national economy (macro-, meso- and micro-) by different organisational structures for further management decisions.