Scientific Journal of KubSAU

The article analyzes the problems which occur when a HR-manager of a modern Russian company starts to count return on investment in the field of human resources development. The following problem areas are identified in the article: insufficient financial education of Russian HR-managers (even on top-positions); challenges in personnel development results evaluation (quantitative criteria); difficulties of HR risks accounting, especially in the field of human resources development. The article also touches upon the issue of the competence of modern HR managers in the field of financial analysis and investment analysis. The article offers the ways to solve the problems listed above. Some perspectives of financial competencies development for Russian HR-managers are discussed. The main ways to account HR risks by HR project investments evaluation are offered. On the basis of contemporary theories the authors suggest some quantitative criteria for human resources development