What are different types of investment in human capital?
In conversation about investment in human capital, education usually comes to the mind; Investments in human capital, however, exceed only education and include other aspects of human development. In general, the development of human capital or investment refers to various inputs for human beings that serve the purpose of increasing their value as employees, citizens and people. For this purpose, investing in human capital includes factors such as the transfer of skills, formal and informal types of education, health considerations and good morality.
Education is one of the more spoken about the types of investment in human capital due to the fact that educated people are considered valuable to the company and in the workplace on the basis of educational capital in them that can help further develop business, general society and economics in general. Most governments therefore make the priority to invest in the education of their citizens by providing subsidized Education, scholarships, grants and excellent educational infoAstructura. Companies also contribute to educational investments in human capital through sending their employees to training sponsored companies, further education, seminars and other types of educational and training aimed at improving the human capital of these employees.
Similarly, companies and governments also contribute to investment in human capital by providing good health facilities or allowing access to competent health care providers. Companies do this by providing insurance to employees, while governments do this by providing the necessary medical infrastructure, including aspects such as good hospitals and the provision of subsidized healthcare programs to make health care available to less rich members of society. The importance of this type of human capital is investing with the fact that the healthier one is more productive, thatThe individual will be.
Considering good morality as part of investment in human capital stems from the fact that individuals with good morality are able to better fit into society, reduce the burden on the government and other members of the society in terms of crimes and security to address these issues. For companies, employees with good morality are better able to implement corporate ethics and are less responsible to do something in contradiction with the company's company's company. This practice of good morality is also transferred to family life and subsequently affects society positively.