Your equity is your wealth

Mini Joseph Tejaswi / TNN / Jun 3, 2007, 02:08 IST

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Now, your personal equity, not tangible assets alone, determines your net worth.

BANGALORE: You were once worth what you owned - land, houses, business, or other assets. Now, your personal equity, not tangible assets alone, determines your net worth. If you're not sure how to measure yourself on this scale, professionals will do it. It's worth the exercise - you could be a high networth individual without knowing it.
Like Gagan Chandra, a marketing professional in Bangalore who takes home an annual salary of Rs 40 lakh.He recently got himself valued by a consultant who pegged him at between Rs 80 lakh and Rs 1 crore. Now, Chandra knows he can ask any prospective employer to double his salary.
Many individuals are increasingly becoming assets and brands and outgrow the companies they work for, becoming far more valuable than their perceived worth there. "The personal equity of individuals is going to be the key driver of this talent-driven employment market in future," says Saraswati Venkateswaran, president of CEO Search Global, an executive search firm.
Quality talent is increasingly a scarce commodity. Valuations and branding make existing talent special and more attractive, says brand expert Harish Bijoor. "The future is going to be purely measurement-oriented - be it products, processes or people."

"Talent equitisation" involves weighing and assessing educational qualifications, professional value, brand value, domain expertise, intelligent and emotional quotients. For seniors, factors at work are contribution to bringing attrition levels down, branding and formulating policies.
"Talent equitisation is an overall assessment and valuation," says Zubin Shroff, CEO, Talent Management Group. Nirupama V G, MD of AdAstra Consulting, says such valuations have to be scientific and accurate.

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