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Human capital or human assets is a concept used by economists to designate personal attributes considered useful in the production process. It encompasses employee knowledge, skills, know-how, good health, and education. [1] Human capital has a substantial impact on individual earnings. [2]
Staffing is the process of finding the right worker with appropriate qualifications or experience and recruiting them to fill a job position or role. Through this process, organizations acquire, deploy, and retain a workforce of sufficient quantity and quality to create positive impacts on the organization's effectiveness.
Soft skills are personal attributes that enable someone to interact effectively. These skills can include social graces, communication abilities, language skills, personal habits, cognitive or emotional empathy, time management, teamwork and leadership traits. A definition based on review literature explains soft skills as an umbrella term for ...
Workforce nationalization is a government initiative that can be described as the recruitment and employee development to encourage or often require the employment of native-born population in certain jobs or industry sectors, thus reducing a country‘s dependency on an expatriate workforce. [1] These efforts have been defined as a multi-level ...
The United States Army Human Resources Command (Army HRC or simply HRC) is a command of the United States Army.HRC is a direct reporting unit (DRU) supervised by the Office of the Deputy Chief of Staff for Personnel (DCS), G-1, focused on improving the career management potential of Army Soldiers.
In strategic planning, resource allocation is a plan for using available resources, for example human resources, especially in the near term, to achieve goals for the future. It is the process of allocating scarce resources among the various projects or business units. There are a number of approaches to solving resource allocation problems e.g ...
Employee resource group. Employee resource groups (also known as ERGs, affinity groups, business network groups, or business resource groups [1]) are groups of employees who join in their workplace based on shared characteristics or life experiences. [2] ERGs are generally based on providing support, enhancing career development, and ...
Human asset management. Human asset management (HAM) is the practice of managing people, usually within an organisation, as assets (or human capital ). It can be seen as an alternative to human resource management treating people as an enduring asset rather than a resource to be consumed. [1] Human asset management can include the functions of ...