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Friday 22 February 2013

Reflection On Human Capital In Organizations

In any organization, gay capital is an extremely grave asset and in a country like capital of Singapore which relies heavily on its human capital, human resource forethought is indeed a challenging issue. In this reflection paper, I would critically evaluate on classic theories and concepts related to human capital with a focus on the lifelong habit structure, flexi-time work model, and communication in the workforce. Also, I would relate these concepts to my ain work experiences and give further insights.

Lifelong meshing is an employment model which is widely adopted in Japan afterwards the war period. Under this lifelong employment or shushin koyo placement, an one-on-one remains employed since his graduation from his studies till retirement . An important seniority-based promotion and wages structure known by the Nipponese as nenko system often goes along with shushin koyo. Although in Singapore, often(prenominal) an employment model has never gained an extensive reach, I did enchant to observe Japanese employees dumbfounding loyal to their jobs or rather, their careers, during my short on the job(p) stint as an administrative officer in a local Japanese Engineering firm. Many of the Japanese workers boast remained in the companys employ for at to the lowest degree a decade.

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Unless they commit serious breaches of ethics, they are likely to stay employed in the corporation for their entire career life.

The shushin koyo system offers a high degree of job security to the employees. Furthermore, employers hobo invest heavily in human capital without fearing that the employees impart leave the company after all the money is spend to train them. In this way, the company can nurture a strong, loyal and highly-skilled workforce that benefits the company greatly.

However, in Singapore, with differences in last and attitudes of her people from the Japanese, lifelong employment does not appeal that much to both employers and employees in many industries. In a local competitive working environment,...If you want to get a estimable essay, order it on our website: Ordercustompaper.com



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