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From the following details, compute the total value of human resources of skilled and unskilled group of employees according to Lev and Schwartz (1971) model.
From the following details, compute the total value of human resources of skilled and unskilled group of employees according to Lev and Schwartz (1971) model. (5 Marks) Skilled Un-Skilled i Annual average earning of an employee till the retirement age. 60,000 40,000 Age of retirement 65 years 62 years mi Discount rate 12.5% 14.5% iv No. of employees in the group 30 40 Average age 56 years 55 years
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