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Topic: Human capital



  
 Human capital - Wikipedia, the free encyclopedia
Human capital is substitutable: it will not replace land, labor, or capital totally, but it can be substituted for them to various degrees and be included as a separate variable in a production function.
Human capital is a way of defining and categorizing peoples' skills and abilities as used in employment and otherwise contribute to the economy.
Thus, human capital is a stock of assets one owns, which allows one to receive a flow of income, which is like interest earned.
http://en.wikipedia.org/wiki/Human_capital   (1091 words)

  
 Human resources - Wikipedia, the free encyclopedia
Advocating the central role of "human resources" or human capital in enterprises and societies has been a traditional role of socialist parties, who claim that value is primarily created by their activity, and accordingly justify a larger claim of profits or relief from these enterprises or societies.
An important controversy regarding labor mobility illustrates the broader philosophical issue with usage of the phrase "human resources": governments of developing nations often regard developed nations that encourage immigration or "guest workers" as appropriating human capital that is rightfully part of the developing nation and required to further its growth as a civilization.
A contrary view, common to capitalist parties, is that it is the infrastructural capital and (what they call) intellectual capital owned and fused by "management" that provides most value in financial capital terms.
http://en.wikipedia.org/wiki/Human_resources   (1235 words)

  
 LiNE Zine Spring 2001: Human Capital Advantage: Developing Metrics for the Knowledge Era
Human capital represents a huge operating cost that must be managed efficiently because of its sheer magnitude; in the United States, for example, nearly 70% of all operating costs are ultimately attributable to people.
And finally, because human capital cannot be owned, spending on the development of people does not meet the traditional accounting concept of an investment, since employers cannot control the asset, i.e., the people in whom an investment is being made.
Precisely because measurement and accounting practices associated with human capital are remnants of the industrial era, the measured costs are only a portion of the total costs.
http://www.linezine.com/4.2/articles/lbhca.htm   (2415 words)

  
 Human Capital Brochure
From this perspective, investments in human capital are understood to be the result of individuals' calculations about the likely return on their investments at some future point.
HUMAN CAPITAL RESEARCH, UNDERSTOOD AS THE STUDY OF "...ACTIVITIES THAT influence future monetary and psychic income by increasing the resources in people" (Becker, 1964: 1), is manifestly relevant to a range of policy and problem areas that are vital to the nation's future.
In addition, there will be considerable value in simply providing an inventory of the human capital assets of communities, and relating these to the structure of economic opportunities in them.
http://www.geog.buffalo.edu/humcap/hc1.html   (10274 words)

  
 Counting Human Capital
Investment in human capital accounts for at least 10% of national income in most OECD countries when account is taken of public and private spending on initial education as well as spending by individuals and enterprises on post-school training.
But rates of return of investment in human capital are generally measured in a very restrictive way, by comparing the additional earnings from employment of better-educated individuals to the additional social cost of investing in more education.
It is important to situate investment in human capital in a broad tutional and social context.
http://www1.oecd.org/publications/observer/212/article8_eng.htm   (1759 words)

  
 Human Capital, by Gary S. Becker: The Concise Encyclopedia of Economics: Library of Economics and Liberty
They are called human capital because people cannot be separated from their knowledge, skills, health, or values in the way they can be separated from their financial and physical assets.
These are all forms of capital in the sense that they are assets that yield income and other useful outputs over long periods of time.
The economics of human capital have brought about a particularly dramatic change in the incentives for women to invest in college education in recent decades.
http://www.econlib.org/library/Enc/HumanCapital.html   (1931 words)

  
 EUROPA - Employment and Labour Market Analysis - Human Capital
In this light investment in human capital can be seen as involving a multiplicity of actors such as the public sector, the enterprises and the individuals.
The theory points also to the tendency for underinvestment in human capital by firms and individuals and to the role for public policies to foster such investment.
Work has been undertaken on assessing the short and long-term impact of human capital on growth, as well as on the significance of human capital investment in country and regional development strategies, within the overall Lisbon objectives of sustained economic growth, increased employment and greater cohesion.
http://europa.eu.int/comm/employment_social/employment_analysis/human_en.htm   (310 words)

  
 HireSmart - Human Capital Seminars
Human Asset Profiles are attempting to record and report all costs associated with the retention and continuing development of employees.
The individual capitalized human assets can be combined at the end of the year to form a human capital value report.
A 26 slide presentation focused on the need for human capital assessment services and the development of strategic manuals for each employee.
http://www.hiresmart.com/seminars/index.stm   (1905 words)

  
 The Charming veil of human capital - Observer Issue No. 215
Human capital is therefore a notion which captures the valuation of the attributes people invest in.
Also, the rates of return on investing in human capital are higher in developing economies than in developed ones.
Human Capital Investment: An International Comparison, 1998, Centre for Educational Research and Innovation, OECD 1998.
http://www.oecd.org/publications/observer/215/e-harto.htm   (1740 words)

  
 Human Capital
Imperfections may favour investment in physical rather than human capital because human capital is embodied in the individual and this means in the case of default, the financial institution has no collectable collateral on a loan.
More young people tend to invest in human capital, but, due to their lower credit ratings and lower set of collateral assets, fewer funds are made available by financial institutions for their investment in human capital.
A second implication is that the government may attempt to offset capital market imperfections by subsidising education or by providing human capital loans [2].
http://www.maths.tcd.ie/pub/econrev/ser/html/hkap2.html   (3274 words)

  
 Human Capital
The issue of Human capital is a subset of the Intangible Assets topic.
Headed by Birgitta Olsson, it performs studies concerning Human Resource Costing and Accounting (HRCA) issues, is in charge of the "Journal of Human Resource Costing and Accounting" and organises international workshops.
Work on human capital and measuring of knowledge base is an important activity within ELSA Directorate of OECD.
http://www.ll-a.fr/intangibles/human_capital.htm   (2128 words)

  
 Human Capital
The mission of the IAC Human Capital SIG is to bring industry and government executives together to exchange information, support professional development, improve communications and understanding, solve issues and build partnership and trust, thereby enhancing government's ability to serve the nation's citizenry.
Strategic human capital management is one of the key priorities of the President's Management Agenda.
Government agencies at all levels are increasingly under pressure to link their business, human capital and IT strategies to serve their agency?s mission and goals.
http://www.iaconline.org/portal/server.pt?space=CommunityPage&cached=true&parentname=CommunityPage&parentid=0&in_hi_userid=2&control=SetCommunity&CommunityID=354&PageID=0   (944 words)

  
 Human Capital - Home
Ernst and Young’s Human Capital team helps a company maximise the effectiveness and minimise the cost of its global workforce.
In this issue of our Human Capital newsletter we take a look at the changes to superannuation legislation and employee rights to choose super funds, the dangers of UK PAYE regulations for expatriates, the impact on Australia of the American Jobs Creation Act and directors' reports now having to include remuneration reports.
Ernst & Young's Human Capital practice recently undertook analysis to illustrate that a properly designed LTI plan, over time, provides rewards that are aligned to shareholder value.
http://www.ey.com/Global/content.nsf/Australia/Human_Capital_-_Overview   (407 words)

  
 SAS Human Capital Management
SAS Human Capital Management is fully Web-based – so it's easy to use within a secure environment that enables decision makers to share important information across the enterprise.
Approach human capital management holistically – Incorporate all the data your organization needs to make decisions about human capital.
SAS gives you organizational insights that enable you to plan effective human capital strategies, and measure and compare your company's best practices.
http://www.sas.com/solutions/hrmanagement   (429 words)

  
 OPM's Human Capital Framework
OPM is committed to be the President's strategic advisor on human capital (HC) issues, to develop tools and provide support to help agencies succeed in their human capital transformation efforts, and to help make the Federal Government a high-performing workplace.
Sound investment in human capital is essential if agencies are to achieve their missions.
Under the PMA, the Office of Management and Budget (OMB) established Standards for Success for each of the five initiatives, including Human Capital.
http://apps.opm.gov/HumanCapital/tool/index.cfm   (312 words)

  
 Sage Software To Sponsor Human Capital Institute's 'Small and Midsize Business' Learning and Research Track
The Human Capital Institute is a global think tank, educator, and professional association dedicated to the advancement of talent management practices with individuals and organizations.
"In sponsoring Human Capital Institute's educational efforts, we are able to help educate small and mid-sized businesses on ways they can improve their talent-management processes and practices," said Ray Jimison, senior vice president and general manager, Specialized Business Solutions at Sage Software.
Webcasts, white papers, education, and other resources are aimed at providing human capital professionals with information to effectively manage talent.
http://www.sagesoftware.com/newsroom/news/index.cfm/fuseaction/news.detail/id/625   (644 words)

  
 Human Capital
Your ability to provide for the best and most cost efficient methods to oversee human resource needs is a key element in your company's ability to grow.
The MTI Training Needs Assessment is a six-step process that examines the technical skills required to do the job (or do the job better) as well as looks at the need for interpersonal skills that can enhance job performance.
The Professional Employment Organization (PEO) can help you cost effectively manage human resource, employee benefits, payroll and workers’ compensation through co-employment.
http://www.minnesotatechnology.org/consulting/HumanCapital.asp   (336 words)

  
 Watson Wyatt Worldwide Research Reports
Now in its fourth year, Watson Wyatt’s global HCI is the most comprehensive study of the impact of human capital on business and analyzes shareholder performance from 1994 to 2002.
Companies with superior human capital practices can create more than double the shareholder value than companies with average human capital practices.
Watson Wyatt - a global consulting firm specializing in human capital and financial management - Research, Human Capital Index
http://www.watsonwyatt.com/research/featured/hci.asp   (494 words)

  
 Ernst & Young - Human Capital Overview
Our Human Capital practice brings together a multidisciplinary team of tax and human resource experts to assist organizations improve the efficiency with which they handle their employees – their human capital.
This is an exciting time in the development of how organizations manage their people in the economies of the CIS, both in terms of development of the management process and the regulatory frameworks and laws that affect employees and employers.
We prefer to view people truly as an asset, and even if they do not appear on the balance sheet, every organization knows that they are valuable.
http://www.ey.com/global/content.nsf/Russia_E/Human_Capital_-_Overview   (1154 words)

  
 Analyze This
At the same time, a director of human resources can identify which benefits employees use, which are frivolous, and how to maximize corporate resources.
That could mean taking industry averages for the cost of a particular benefit and overlaying them with internal costs, or examining how incentives at best-practice companies affect productivity and comparing it to internal practices.
Finally, the government agency was ready to put its human resources data to work in a big way.
http://www.workforce.com/section/10/feature/23/45/74/index.html   (2460 words)

  
 Watson Wyatt Worldwide Research Reports
Superior human capital practices are not only correlated with financial returns they are, in fact, a leading indicator of increased shareholder value.
The overriding message: If a company’s goal is to improve shareholder value, a key priority must be its approach to human capital.
It is also a certainty that executives will now, more than ever, look to HR to justify expenditures and demonstrate the economic value of an organization’s people practices.
http://www.watsonwyatt.com/research/resrender.asp?id=W-488&page=1   (391 words)

  
 ISPI Bookstore - Measuring Human Capital, No 5338
Measuring Human Capital is loaded with case studies that document the amount of money that can be gained by improving people management practices.
Measuring Human Capital melds together the best of behavioral science, finance, and business pragmatics to show how to measure human capital in the workplace.
Readers are provided with easy-to-use equations that enable them to calculate the dollar value of any changes that they care to assess.
http://www.ispi.org/bookstore/pc/5338.htm   (478 words)

  
 Human Capital Management Human Resources Professional Journal
The entire Human Resources industry is scrambling to keep up with this trend, and the most successful are those who proactively seek to mold new labor into an asset that is potentially profitable to a company.
Instead of gathering up workers in a huge net and sending them off to the fields and the factories, it is now necessary to nurture the working population by educating them and developing their technological skills so that they will be able to contribute to the needs of the enterprises they work for.
The HCM industry is still up and coming, and if an HR firm or manager can effectively meet the needs of companies by providing them with labor that is not only available, but qualified, then the theory of Human Capital Management will be more or less realized.
http://www.human-capital-management.net/theory/what1.html   (477 words)

  
 The Global quest for Solidarity
Keep in mind, to the World Bank, humans are little more than raw material to be molded for the global workforce.
They become pawns to be "developed" and molded for planned slots in the envisioned "sustainable community." The community itself would be monitored and assessed for its over-all measure of compliance with the new ideology.
Social capital is the interaction between people--the sense of solidarity or shared values that exist between them."
http://www.crossroad.to/text/articles/solidarity.html   (1521 words)

  
 MBSpring Syllabi
While one might find arguments in the literature about the best way to describe this corporate asset, it is clear that just as organizations have long invested in physical capital of one sort or another, now there is a recognition that organizations must invest in workers as well.
We could call it social capital - investment in a relationship.
Salary is only one form of that investment.
http://www.sis.pitt.edu/~spring/courses/ds_soc_cap.html   (1595 words)

  
 Human Capital Management
AdvanTech Solutions is the Human Capital Management Company, providing small and mid-sized companies nationwide with a complete system to manage their investment in people.
Leading edge companies are looking for strategic methods and relationships to harness the power of their people and maximize the return on their human capital investment.
Successfully managing your Human Capital to focus on high payoff activities is the key to positively impacting your bottom line.
http://www.jsmithlanier.com/humancapital.htm   (171 words)

  
 Human Capital:Topic
Human capital plays an important role in the process of economic growth and individuals' labour market outcomes are linked to their educational attainment.
The OECD reviews policies that influence the incentives to invest in human capital and the efficiency of the provision of education services.
How should Korea deal with congestion and pollution in the capital region?
http://www.oecd.org/topic/0,2686,en_2649_34605_1_1_1_1_37451,00.html   (684 words)

  
 UWO Department of Economics
Theme 2 is especially important for policy because an understanding of these determinants is necessary to evaluate the role that government policy, especially policy relating to taxes, education and training, and in- and out- migration, plays in influencing the stock of human capital in Canada.
The CIBC project includes both basic research on human capital and productivity as well as applications to important current issues related to human capital and productivity.
A new donation by the CIBC will fund a permanent Centre in Human Capital and Productivity in the Department.
http://www.ssc.uwo.ca/economics/centres/cibc   (567 words)

  
 Amazon.com: The Roi of Human Capital: Measuring the Economic Value of Employee Performance: Books: Jac Fitz-Enz
Chapter 2 launches the process of finding the ROI of human capital from an unusual "starting point": rather than begin with process improvement at the lower organizational levels, focus at the highest possible levels on "the goals of the enterprise." Chapter 3 is the "bridge" between the enterprise and the human capital management levels.
I found this book very interesting and being a human resource professional myself, this told me methods and introduced me to many tools in which the human resource can be quantified and accountability can be broughtinto this department, especially HR department.
In the closing years of the twentieth century, management has come to accept that people, not cash, buildings, or equipment, are the critical differentiators of a business enterprise.
http://www.amazon.com/exec/obidos/tg/detail/-/0814405746?v=glance   (1827 words)

  
 Fisher Vista
Fisher Vista, LLC is a leading marketing services firm focusing exclusively on the human resource industry.
If your company sells a product or service to human resource professionals, Fisher Vista can help you sell more.
By combining innovative web-based technologies (HR Marketer) with traditional marketing and PR services, Fisher Vista has helped hundreds of HR service providers implement efficient, targeted and cost effective marketing and lead-generating solutions.
http://www.fishervista.com   (163 words)

  
 Human Capital
"A large majority (92 percent) of finance executives said human capital has a great effect on the company's ability to achieve customer satisfaction.
"Human Capital Management: The CFO's Perspective," conducted by CFO Research Services in collaboration with Mercer Human Resource Consulting)
Eighty-two (82) percent believe human capital has an impact on profitability."
http://www.newagewebdesign.com/EssentialSynergy/humancapital.htm   (463 words)

  
 Human Capital Magazine January/February 2006
The readership of Human Capital consists of executives in corporate management positions as well as in human resources, training, finance, information technology, sales, marketing and operations.
Human Capital is the "how to" magazine for the strategic HR professional.
It offers solutions and strategies to help companies invest in employee skills and talent to create successful companies that are great places to work.
http://www.humancapitalmag.com   (261 words)

  
 HCA Magazine (Human Capital Magazine) - HCA is Australia's first magazine targeted at senior human resource ...
HCA Magazine (Human Capital Magazine) - HCA is Australia's first magazine targeted at senior human resource professionals and top corporate decision-makers.
http://www.hcamag.com   (21 words)

  
 Dr. Jac Fitz-enz: The ROI of Human Capital - BetterManagement.com
An internationally recognized authority on human resource management, Dr. Jac Fitz-enz pioneered the field of human capital benchmarking and performance measurement.
Fitz-enz previously held senior human resource posts at major technology and financial services companies in the U.S. He received a doctorate in communications from the University of Southern California.
Drawing on years of research by Saratoga Institute, Dr. Jac Fitz-enz will discuss the breakthrough methodology for measuring the bottom-line effect of employee performance.
http://www.bettermanagement.com/seminars/seminar.aspx?libraryid=4580   (567 words)

  
 The Electronic Recruiting News - Daily News For Recruiting Professionals
WordIQ: Human capital is a way of defining and categorizing peoples' skills and abilities as used in employment and otherwise contribute to the economy.
Taleo's Ives Lermusiaux describes the underlying principles of Human Capital Management
Consultation and engagement activities that proactively address problems, leading to new innovations.
http://www.interbiznet.com/ern/archives/040601.html   (621 words)

  
 Oracle World Human Capital Management (HCM) streamlines the business processes associated with managing a workforce
Oracle's JD Edwards World Human Capital Management streamlines the business processes associated with managing their workforce.
The fully integrated family of HCM products improves data accuracy, helps reduce costs, and delivers the information needed to make critical business decisions.
World Human Capital Management (HCM) streamlines the business processes associated with managing a workforce
http://www.oracle.com/applications/peoplesoft/world/hcm   (230 words)

  
 Government and Education - Human Resource Management Articles, Webcasts, Resources and Strategies - BetterManagement.com
Workforce planning, leadership and performance management are essential for effective utilization of employees and contractors in local, regional and national government agencies, as well as military, defense and educational organizations.
High-performance organizations get superior results from their employees by understanding their core skills and development needs and by selectively investing in appropriate human capital processes and tools.
The move to performance-based pay slows as the Government Accountability Office reports that performance data is not being used by many federal managers.
http://www.bettermanagement.com/businessTopicHome.aspx?FilterID=709   (278 words)

  
 Human Capital : Recruitment Solution Provider to the Global Energy Commodities Industry
Human Capital : Recruitment Solution Provider to the Global Energy Commodities Industry
http://www.humancapitalsearch.com   (12 words)

  
 Risk Management and Human Capital Consulting - Aon Corporation
Risk Management, Human Capital Consulting and Reinsurance through Aon Corporation, a Fortune 500 company bringing together innovative professionals from around the globe into a single, unified organization created to provide unsurpassed service and groundbreaking business solutions.
Integrated Risk Management, Human Capital Consulting and Reinsurance solutions [more...
Risk Management and Human Capital Consulting - Aon Corporation
http://www.aon.com   (261 words)

  
 The NEW HUMAN CAPITAL ASSET
Will loyal human capital remain a corporation's "most important asset?" Will a corporation care about employee retention in the future?
Passionate to know about far-reaching Human Capital issues that will have a MAJOR impact on look and feel of corporations this decade
Responsible for the future planning of HR, IS, Finance, Strategic Planning, Corporate or Staff Development
http://www.devonjames.com/djaconferences2002   (363 words)

  
 allAfrica.com: Angola: Cuba: Angolan Education Minister On Importance of Human Capital
The Angolan Minister of Education, António Burity da Silva Neto, recently stated, in Havana (Cuba) that, the highest exponent of a country's wealth is its human capital, therefore the need to develop education.
Cuba: Angolan Education Minister On Importance of Human Capital
allAfrica.com: Angola: Cuba: Angolan Education Minister On Importance of Human Capital
http://allafrica.com/stories/200602150715.html   (263 words)

  
 NASA - NASAPeople
Our role in the Office of Human Capital Management is to translate NASA's business strategy into world-class workforce capabilities; maximize NASA employees' contributions toward the organization's success; collaborate with NASA leadership in making cultural and organizational changes; and provide human resource expertise, using a corporate perspective, to meet Federal and Agency objectives and requirements.
National Aeronautics and Space Administration schedule of holidays, pay periods, and pay dates.
+ Strategic and Innovative Human Capital Management Solutions
http://nasapeople.nasa.gov   (264 words)

  
 Home
Human Capital Management is a new business discipline that goes far beyond current HR practices.
Learn about human capital benchmarking and performance measurement from the thought leader who pioneered the concepts.
Join us for the launch of HCI's Human Capital Management Principles classes in over 20 cities this year.
http://www.humancapitalinstitute.org   (901 words)

  
 The New Relationship
Human capital and organizational capital are increasingly important as a source of value in many firms.
Are these changes consistent in ways that contradict traditional theory and wisdom, or is the corporate sector getting a temporary boost in earnings by restructuring and cutting payrolls, but failing to make necessary new investments in human capital?
But even as this is happening, organizational forms and employment relationships appear to be changing in ways that reduce loyalty and commitment and encourage mobility on the part of employees.
http://www.brookings.org/press/books/new_relationship.htm   (240 words)

  
 Hudson - Global Leader in Staffing, Outsourcing, and Human Capital Solutions -
Hudson provides employers with the confidence to find, place and keep the best talent in their industry...
Hudson can help find you the job that suits you best, from temporary or contract-based opportunities to permanent positions with leading employers.
Hudson - Global Leader in Staffing, Outsourcing, and Human Capital Solutions -
http://jobs.au.hudson.com   (178 words)

  
 Government Executive Magazine -
The General Accounting Office released its list of high-risk management areas for agencies and reports on agency performance and accountability for 2001, with a new section on strategic human capital management.
David Walker hopes his reforms at GAO can help other agencies overcome the impending human capital crisis.
In his "Report to the President: The Crisis in Human Capital," Sen. George Voinovich, R-Ohio, makes several recommendations to the incoming President on how to improve federal human capital management.
http://www.govexec.com/humancapital   (220 words)

  
 HUMANATEK HUMAN CAPITAL SOLUTIONS - ADVANCED RECRUITMENT, EXECUTIVE SEARCH, TRAINING & HUMAN RESOURCES
See how industry leaders are using Humanatek's services to reduce human capital costs, increase employee performance, and find novel revenue savings to DRIVE their bottom line.
SEARCH, TRAINING and HR is a human capital infrastructure consulting firm providing
Learn what HR and recruitment process outsourcing can do for your company...
http://www.humanatek.com   (216 words)

  
 U.S. Office of Personnel Management Federal Human Capital Survey 2004 Homepage
Last fall, we asked Federal employees across the nation and around the world to tell us how well agencies manage their most important resource - their human capital.
"I am delighted to be able to share the results of the 2004 Federal Human Capital Survey with you.
Nearly 150,000 people expressed their views on how leaders perform in their agencies...
http://www.fhcs2004.opm.gov   (73 words)

  
 nextSource, Inc. -- Human Capital Management, Vendor Management, Compensation Analysis
Streamline current processes, to control human capital management spend.
A web-based automated procurement and accounting system which includes consolidated invoicing, extensive real-time reporting, and improved billing efficiency.
A dynamic interactive database in which users may search current market rate and salary data specific to an individual's industry, experience, geographic region, and skill-set.
http://www.nextsource.com   (133 words)

  
 U.S. Saratoga - a human capital and benchmarking service offering PricewaterhouseCoopers
When critical HR decisions need to be made, it is essential for management to be able to compare apples to apples - both within the organization and against industry benchmarks.
U.S. Saratoga - a human capital and benchmarking service offering PricewaterhouseCoopers
Saratoga, a PricewaterhouseCoopers service offering, is highly recognized as a world leader in the field of HR metrics and analysis, dedicated to the premise that intelligent measurement is fundamental to performance improvement.
http://www.saratogainstitute.com   (107 words)

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