Thursday, October 17, 2019

Investing in Human Capital Coursework Example | Topics and Well Written Essays - 1000 words

Investing in Human Capital - Coursework Example Employees are seen as assets current and future value which can be improved through investing resources on them, especially knowledge. Organizations which upholds these practices always communicate to their employee on a regular basis.   The practice of employee’s security is the one that is surprising. The business world is rapidly changing and companies are embracing policies that not only affect the operations of the organization but also the employees. It is for this reason that employees need a guarantee that despite the internal changes that occur within a given organization will not affect them. If however they are affected negatively, then, the organization would be able to compensate them accordingly. Employee security takes place in many forms for instance, in manufacturing industries where employee are exposed to machines every day, there are risks involved. Some of them include the risk if being cut by machines, exposure to chemical compounds among other. The employer of such an organization must ensure that his employees have medical assurances and cover. This will motivate employees to keep working in spite of the unconducive working environment. This is because, in case of an accident, the company will be liable and they will not have to dig their pockets to cater for any medical expenditure. Employment status of an employee is also a security to them. During the time of economic booms, many companies employ a lot of people. On the other hand, during the recession, these organizations dismiss a lot of employees. This is discouraging and such organization ends up building bad image and this may lead to its collapse.

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