Proceedings of the International Conference on Sustainable Innovation with Artificial Intelligence and Machine Learning 2025 (ICSIAIML 2025)

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Human Capital Valuation in the Automotive Sector: A Comparative Analysis of Models, Implementation Barriers, and Strategic Pathways in Pune

Authors
Pravin Laxman Thorat1, *, Ranpreet Kaur2, Pratibha Jagtap3
1Matrix School of Management Studies, Pune, Maharashtra, India
2IMED, Pune, Maharashtra, India
3MIT ADT University, Pune, India
*Corresponding author. Email: pravin.thorat@matrixpune.com
Corresponding Author
Pravin Laxman Thorat
Available Online 6 January 2026.
DOI
10.2991/978-94-6463-948-3_38How to use a DOI?
Keywords
Human Resource Accounting (HRA); Auto Industry; Pune; HR Metrics; Employee Valuation; Balanced Scorecard; Economic Value Added (EVA)
Abstract

In the automobile manufacturing sector in Pune, India, this study aimed to assess the awareness, adoption & effectiveness of Human Resource Accounting (HRA) practices. Using a mixed-method approach, data from 217 professionals in 14 Original Equipment Manufacturers (OEMs) were retrieved from a mix of functional domains. There is a gap between theoretical awareness (52%) and practical adoption (35%) of HRA, as revealed in the study. The biggest influencer behind successful adoption is executive leadership and the relationship between these two outcomes was strongest with C-suite support and HRA maturity (0.72). The Balanced Scorecard model scored top marks (7.1/10) but revealed several technological gaps — with over-reliance on Excel (40% usage) as a prominent barrier — and the absence of standardized metrics as a key roadblock. In Pune, the auto sector (58%) still trails the global industry average (72%) according to the study. Governance led by the executives, modernizing the technology of HRA, developing a hybrid measurement framework that can be applied to the industry and benchmarking of industry to enhance the competitiveness and strategic decisions are some of the recommendations that ought to be made.

Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Sustainable Innovation with Artificial Intelligence and Machine Learning 2025 (ICSIAIML 2025)
Series
Advances in Intelligent Systems Research
Publication Date
6 January 2026
ISBN
978-94-6463-948-3
ISSN
1951-6851
DOI
10.2991/978-94-6463-948-3_38How to use a DOI?
Copyright
© 2025 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Pravin Laxman Thorat
AU  - Ranpreet Kaur
AU  - Pratibha Jagtap
PY  - 2026
DA  - 2026/01/06
TI  - Human Capital Valuation in the Automotive Sector: A Comparative Analysis of Models, Implementation Barriers, and Strategic Pathways in Pune
BT  - Proceedings of the International Conference on Sustainable Innovation with Artificial Intelligence and Machine Learning 2025 (ICSIAIML 2025)
PB  - Atlantis Press
SP  - 544
EP  - 557
SN  - 1951-6851
UR  - https://doi.org/10.2991/978-94-6463-948-3_38
DO  - 10.2991/978-94-6463-948-3_38
ID  - Thorat2026
ER  -