Investing in Human Capital as a Factor of Improving Labour Productivity
Journal Title: Проблеми економіки - Year 2015, Vol 2015, Issue 2
Abstract
The aim of the article is theoretical justification of the role of investment in human capital and its impact on productivity and the development of measures for consistent formation of human capital as a prerequisite for the growth of labor productivity. The article analyzes the current state in the formation of the important components of human capital: education, health, motivation to work and social security. There have been determined the main priorities in the work with personnel aimed at increasing its competitiveness, which, in its turn, is achieved by continuous training of personnel, improvement of motivation system, career guidance of personnel, preservation of ability to work and so on. There was substantiated the necessity of consistent measures on forming the human capital as a prerequisite for the growth of labour productivity, among which are the following: optimization of the educational and qualification as well as age structure of the staff; preparation, training and distribution of personnel, optimization of processes of the personnel movement; increasing the innovative orientation of labor; increasing the level of the employees motivation to work; strengthening the occupational safety, health and performance of the staff; ensuring an adequate level of assessment; social protection of workers.
Authors and Affiliations
Nataliia Gvozdyk
Keywords
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