Human Capital Essay Example | Topics and Well Written Essays - 750 words

adult male s healthy - Essay ExampleThe qualification, skills and experience of an employee has an economic value for his employer as well as for the economy as a whole. Human Resource Practices are defined as those methods, processes, rules and procedures used in the field of HR. Examples involve recruiting, hiring, firing, training, monitoring, reviewing effectance, performance appraisals etc. Human Resource Behavior refers to interdependence of individuals in co-coordinating their activities in order to perform at a higher level. Firm Performance is usually measured in terms of pecuniary health of a firm. There are numerous contributing factors which effect firms performance. almost of the preceding mentioned variables are also leading factors which influence firms performance. Finally, Overlapping Tenure is the come in of time employees pack worked together in order to achieve common performance outcomes. Relationship among prior mentioned variables Extensive researches have been performed in order to examine the family among these variables. Aldehayyat & Twaissi (2011) examined a strong positive relationship amongst Financial Performance and Strategic Planning. The empirical results of this research also supported the practice of firms strategical planning in small and medium sized business firms. Leana & van Buren, (1999) studied the relationship between Overlapping Tenure and Firms Performance. In this study, Leana & Van Buren, (1999) focused on the overlapping kick upstairs that is the amount of time employees have spent in working with each separate as well as with their manager. The authors verbalize that it whitethorn take time for individuals to form relationships with their-co-workers and allows them to work for common goals. Leana & Van Buren, (1999) stated that some studies found positive long term relationship between the two while other found negative relation between overlapping tenure and firms performance. Research conducted by Carmeli & Schaubroeck, (2005), Takeuchi, Lepak, Wang, and Takeuchi, (2007) and Lopez-Cabrales, Valle & Herrero, (2006) found positive relationship between firm performance and human capital. These studies employed industry recognized measures of human capital in order to investigate the relationship between performance and human capital. Leana & Van Buren, (1999) conducted a study to determine overlapping tenure and its relation with firms performance. In this study, the main area of focus was the amount of time employees have worked with each other and the amount of time they have worked with their manager. Leana & Van Buren, (1999) concluded that human capital is influenced by stability of employees relations. By having flexibility and promoting stability among employees, organizations may enhance their social capital. Study of Huselid (1995) stated that firm performance and high performance work reduces employee upset and increase employee performance. Also, high performanc e work by employees leads to greater organizational performance (financial and productivity) (Huselid, 1995). The behavioral prospect of human resource behavior facilitates relation between organization performance and human resource practices. Human resource practices are utilized to improve and control the behaviors and attitudes of human resource. Behavioral perspect