Human capital: what it is and why people invest it

"Shifting labor markets have taught managers this lesson: as workers gain power in negotiating the terms of employment, they behave less like assets, and more like free-agent owners of investable capital. Their capital is the ability, behavior, effort, and time they contribute to a company. Lik...

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Bibliographic Details
Main Author: Davenport, Thomas O. (Author)
Format: Book
Language:English
Published: San Francisco, Ca. Jossey-Bass Publ. 1999
Subjects:
Summary:"Shifting labor markets have taught managers this lesson: as workers gain power in negotiating the terms of employment, they behave less like assets, and more like free-agent owners of investable capital. Their capital is the ability, behavior, effort, and time they contribute to a company. Like players in any market, they expect a healthy return on their investment." "In Human Capital, author Thomas O. Davenport explores this worker-as-investor notion, describing what it means to both employer and employee. Drawing from research and personal experience, he provides guidance for managers who must implement successful human capital programs. And individual employees who read the book will come away with ideas for getting the most out of work by cultivating their human capital and maximizing the return on its investment."--BOOK JACKET.
Physical Description:XVII, 251 S.
ISBN:0787940151

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