Transformation from Personnel to Human Capital

 Over the years, the terms used to describe staff and employees in businesses have changed. We have moved from "personnel" to "human resources" (HR) and now "human capital”. Other phrases, such as "talent management" have also emerged. These terms can appear to be dehumanizing. That is why some HR manager titles include the word "people" in preference to "human resources". The important point is the mindset behind the organization’s operation. If people are valued, and all management and leadership actions demonstrate that, then the terminology...

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Human capital with reference to economy

A measure of the economic value of an employee's skill set. This measure builds on the basic production input of labour measure where all labour is thought to be equal. The concept of human capital recognizes that not all labour is equal and that the quality of employees can be improved by investing in them. The education, experience and abilities of an employee have an economic value for employers and for the economy as a whole.             Economist Theodore Schultz coined the term in the 1960s to reflect...

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Current trends of Human capital

Today’s workforce is no longer a set of employees who come into the office or factory each morning or shift and go home each night. More and more of the workforce is composed of contingent employees working variable, often part-time hours or schedules, compensated hourly, operating remotely, or actually working for an external firm. Think again about diversity The power of diversity goes far beyond talent supply; it’s becoming widely accepted, for example, that an organisation is more likely to predict consumer preferences if it has a workforce...

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E-commerce firms eye big hiring in 2015

Several players look at more-than-doubling employee base; majority of hiring focused on tech, marketing roles Despite being more technology-driven and less labour-intensive, the Indian e-commerce sector remains bullish on hiring and might continue with its fast pace of bringing more people on board through 2015. Backed by robust growth,...

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TIPS TO IMPROVE YOUR LINKEDIN PROFILE

·         Upload a decent profile photo: Your LinkedIn profile photo sets the tone for everything else a viewer will experience on your page. Your picture should be recent, professional and recognizable. Avoid selfies. ·         Your headline = You, Not your job: The headline of your LinkedIn profile is highly searchable. No one on LinkedIn (or Google for that matter) is looking for “founder of ________.” So list something more search-friendly that speaks of what...

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