Increasing investments in Human Resources

Question

Elucidate the increasing investments in Human Resources?

Answer 1

Organizations are making increasing investments in human resource development compelling the increased need for HRP. Organizations are understanding that humanoid assets which can increase in value more than the physical assets. An employee who gradually develops his/ her skills and abilities become a valuable asset for the organization. Organizations can make investments in its personnel either through direct training or job assignment and the rupee value of such a skilled, elastic, inspired dynamic workforce is difficult to determine. Top officials have started acknowledging that quality of work force is responsible for both short term and long term performance of the organization.