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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]
Human capital flight in Europe fits into two distinct trends. The first is an outflow of highly qualified scientists from Western Europe mostly to the United States. [ 130 ] The second is a migration of skilled workers from Central and Southeastern Europe into Western Europe, within the EU . [ 131 ]
He set seeds for the human relations movement, this movement, on both sides of the Atlantic, built on the research of Elton Mayo (1880–1949) and others to document through the Hawthorne studies (1924–1932) and other studies how stimuli, unrelated to financial compensation and working conditions, could yield more productive workers. [11]
Human resources (HR) is the set of people who make up the workforce of an organization, business sector, industry, or economy. [1] [2] A narrower concept is human capital, the knowledge and skills which the individuals command. [3] Similar terms include manpower, labor, labor-power, or personnel.
The theory of capital deficiency is among the most recognized explanations for minority underperformance academically—that for whatever reason they simply lack the resources to find academic success. [16] One of the largest factors for this, aside from the social, economic, and cultural capital mentioned earlier, is human capital. This form ...
A human capital contract (or "HCC") is a finance product that allows for the provision of funds to an individual through an "equity-like" arrangement, [1] where the provider of the funds receives a portion of the individual's future income for some specified period of time.
Human migration is the movement of people from one place to another, [1] with intentions of settling, permanently or temporarily, at a new location (geographic region). The movement often occurs over long distances and from one country to another (external migration), but internal migration (within a single country) is the dominant form of human migration globally.
The flight of human capital costs the government over $38 billion annually, two times the revenues received from selling oil. Under the provisions of a five-year development plan, the country is trying to create jobs for its unemployed population, though the results of these efforts have not yet materialized.