What are the different approaches to human capital policy?
2 Some companies have a large investment policy in the development of workforce, while others prefer hiring individuals who are already ready for a specific position. Training in the workplace may include an internship or apprentice school or a sponsored company on special training sessions such as seminars. Companies also differ in human capital policy regarding whether to pay a worker for training outside the workplace deals with career development. One of the main factors affecting the company's decisions in human capital is the expected return on investment, because the company does not want to train a worker who will then leave and take his skills to a competitor.
except for publicly sponsored Education, usually a worker, employer or a combination of both resources investment in human capital development. When a worker pays for training, in most cases, the freedom should perform individual career goals at will. The employer usually does not expect a worker to be indebted in any way. If the company or organization pays for training, then the employer is likely to expect the worker to return by agreeing to continue the defined period for the company. Employers increase investment in human capital through training in the workplace or through the staff encouragement to seek further educational opportunities themselves.
workplace training may include supervisors' workplace. Internships are often unpaid or low -paid contractual arrangements in which the employer offers a person the opportunity to complete training while gaining work experience. The policy of human capital of society can also be Geared to initiate the apprenticeship program in order to create a group of trained workers in a certain geographical area. An example would beA group of ships companies in the coastal area that decided to invest in human capital policy for ships on the spot.
Sometimes the development of apprentices' policy in human capital is a political process in which the local government pays for some costs to support labor development. The seminars carried out either in the workplace or outside the web are another policy of human capital that invests in the development of workforce through short training. Many companies accept human capital policy in which new tenants are considered a wise investment in the labor force.
Take the time to orientate the newly hired worker to the workplace usually increases the chance that the person will achieve success in this position. Depending on the company, recruitment and rapidly loss of new lease may be. In other cases, such as industrial industries that use relatively unskilled work, can be the policy of human capital SocietyNon -rates do not include resources for training workforce, which can have a high level of turnover.