Claims:WE CLAIM:

1. GIST Advisory’s HCX Estimation Model for Human Evaluation Comprising of:
A Methodology to Calculate Total Value of Human Capital and Human Capital Externality of all Employees in a Company (FY 11-12 & FY 12-13) with Data Points and Model Assumptions (Fig3 (a), Fig 3 (b), Fig 3 (c), Fig 3 (d), Fig 3(e ), Fig 3(f), Fig 3(g), Fig 3(h);
A Methodology to Calculate Total Value of Human Capital and Human Capital Externality of all Trainees in a Company with Data Points and Model Assumptions Fig 4 (a), Fig 4 (b), Fig 4 (c), Fig 4 (d), Fig 4(e ), Fig 4(f), Fig 4(g), Fig 4(h);
A Methodology for Calculation of Total Value of Human Capital Creation for Employees Fig 3(a), Fig 3(b), Fig 3(c), Fig 3 (d)& For Trainees Fig 4(a), Fig 4(b), Fig 4(c), Fig 4 (d);
A Methodology for Calculation of Total Value of Human Capital Externality (HCX)for Employees Fig3 (e), Fig 3 (f), Fig 3 (g), Fig 3 (h)&for Trainees Fig 4 (e), Fig 4 (f), Fig 4 (g), Fig 4 (h);
2. GIST Advisory’s HCX Estimation Model for Human Evaluation as claimed in Claim 1 whereinthe Data Points classified by Job Category (JC)based on any Company’s Policyalso includes Total Employee Headcounts; Average Age of Employees; Salary and Model Assumptions which also includes Attrition; Salary Growth; Per Capita HCC Distribution Across Training Period; Discount rate and Long Run Inflation Table 1 of Fig 1& Table 2 of Fig 1;

3. GIST Advisory’s HCX Estimation Model for Human Evaluation as claimed in Claim 1 wherein Calculation of Total Value of Human Capital for Traineesalso includes the Data Points as Time Period of Analysis as an assumption; Number of Employees; Exits(those who quit in each year); Average Annual Compensation; Yearly increase in Average Annual Compensation; Per Capita HCC for each Year; Annual Value of HCC for each year; Total Value of Human Capital; Per capita HCC Distribution Across Training Period; Per capita HCC Distribution Across Training Period (in present Year rupees); Annual Value of HCC of Training; Total Value of training; Return on Investment (ROI) for Training;

4. GIST Advisory’s HCX Estimation Model for Human Evaluation as claimed in Claim 1 wherein Calculation of Total Value of Human Capital Externality (HCX) for Employeesalso includes the Measure asTime Period Analysis & Share of Earning increase Attributable to Company& yearly Depreciation in Earnings Increase Attributable to Company as Assumptions; Data Inputs as Number of Employees; Exits (who quit in each year);Average Annual Compensation; Increase in Average Annual Compensation for Employees quitting in each Year; Per Capita HCX for Employees Quitting in Each Year; Per Capita HCX for Employees quitting in each Year( Expressed in year Rupees); Annual Value of HCX for Employees quitting in Each year; total Value of human Capital Externality;

5. GIST Advisory’s HCX Estimation Model for Human Evaluation as Claimed in Claim 1 whereinit can be applicable for estimating the Returns on Investments (ROI) on Training conducting by Company and benefiting Trainees/Employees;

6. GIST Advisory’s HCX Estimation Model for Human Evaluation as Claimed in Claim 1 whereinLower Discount Rateis used in the valuation of human and natural capital as used opposed to market cost of borrowing used to discount future cash flows for companies.

7. GIST Advisory’s HCX Estimation Model for Human Evaluation as Claimed in Claim 2 wherein Long Run Inflation Rate of 5% and Discount Rate Present Value of 4% are used in the Methodology;

8. GIST Advisory’s HCX Estimation Model for Human Evaluation whereinthe present invention covers and can be implemented inHuman Resources Accounting,Company Reporting and Estimation of Business Externalities;

9. GIST Advisory’s HCX Estimation Model for Human Evaluation whereinas Demonstrated and Performedfor Employees in Fig 3(a) to (h) and for Traineesin Fig4 (a) to (h).
, Description:Gist Advisory’s HCX Estimation Model Methodologybuilds on academic literature developed by Jorgenson and Fraumeni (1989, 1992) and Wei (2002) in order to make significant improvements over the Popular Lev and Schwartz (1971) Model for Human Resource Valuation. The Present Invention has overcome the Limitation of Lev and Schwartz (1971) Model. A Brief Comparison Chart is shown underneath to distinguish the comprehensive improvement and breakthrough in the present invention over the herein supra Models.