1. It is the economic value of the abilities and qualities of
labour that influence productivity. These qualities
includes education, technical or on-the-job training,
health and values like punctuality.
2. HUMAN RESOURCE INVESTMENT
Human Resource Investment is the way of investing in
the human capital by an organization to make them
competent and skilled.
It is a key component of India's development
strategy—to invest in its people, especially in
education, health care, and skills development, to
promote sustainable economic growth, alleviate
poverty and attain social development objectives.
When money is spent on education, training or health
care, economists call that 'investments in human
capital. '
3. What makes Human Capital
Loyalty towards company
Personality
Work experience
Health
Education and training
Intelligence and emotional intelligence
Hard and soft skill
4. Efficient Use Of Human Resource
It is a measure of how well you are managing your
available time, budget, technology, and people, to
deliver the desired results for your organization. An
efficient HR team can perform each HR task quickly
and with minimal cost.
Efficient utilization of human resources means fuller
utilization of resources. In an organization, human
resources are the most important element and the
effective utilization of other resources depends upon
the quality of human resources.
5. Communicate Don't Command. ...
Let Them Spread Their Wings. ...
Nurture Teamwork. ...
Identify, Appreciate, Reward. ...
Only Human Always. ...
Stay on Top of Your Administrative HR Duties. ...
Hire Correctly. ...
Be Transparent
10 Strategies for Effective Human Resource
Management
