Comporium has low employee turnover: the voluntary turnover rate is 23 percent, and the average comporium employee has been with the company for 10 years moreover, while us medical costs have risen 36 percent in the past three years, comporium's health insurance premiums have only increased 14 percent.
Employees are a business’s most important assets this is why they created the human resource department its purpose is to manage, train and look after the workers of the business it is also their responsibility to implement health and safety legislation at work and look after the employees.
“the most valuable asset of a 21st-century institution, whether business or non-business, will be its knowledge workers and their productivity” drucker’s insightful observation clearly marks the reality as to what are the majority of issues faced by the industry in today’s knowledge economy. Employees are considered a company most important asset as they own something that is irreplaceable, the superiority of a human mind many people may think that machines are better than human as they can work consistently and capable of working for long hours however, we need to be aware that the way machines work are 'dead.
Question: write a short essay that discusses the following statement, using references and examples to support your answer “human resource (employees) is the most important asset of an organization. In my opinion, one good example of a successful organization that values its employees as an important asset of its business would be capitaland limited capitaland is one of asia’s largest real estate companies and it believes that people are the core assets.
Task 1 employees are a business's most important assets this is why they created the human resource department its purpose is to manage, train and look after the workers of the business it is also their responsibility to implement health and safety legislation at work and look after the employees. Equipment, employees need timely, relevant, and, most important organized data management’s responsibility today is to combine people with information on a timely basis for several purposes information is one key to performance management and improvement at the same time bojnec and gašparič (2010, p.
Human resource is the most important asset of an organization assets, defined as a ‘valuable thing’ by oxford dictionaries, are key success determinants of any organization the perception of value in an organization, brand or product, merits customer adoption while supplementing organizational goals that could, in the long term, determine financial sustainability and success of a company. Employee is the most important asset essay a+ pages:3 words:722 this is just a sample one good example of a successful organization that values its employees as an important asset of its business would be capitaland limited we will write a custom essay sample on employee is the most important asset specifically for you for only.
Why are employees the most valuable intangible assets in today’s dynamic and continuously changing business world, it is the human assets and not the fixed or tangible assets that differentiate an organization from its competitors people power is the most important of all the assets the organization possesses, as this contributes. “human resource is the most important asset of an organization” in singapore, where there are no natural resources, human capital is one of the valuable resources that the country depends on to attract foreign investors. The greatest asset that a company own is it employees then again, what exactly is human capital the term human capital is recognition that people in organisations and businesses are important and essential assets who contribute to development and growth, in a similar way as physical assets such as machines and money.
Nowadays, one of the most important concerns for all the business is that of people the emphasis is on having the right people in the right place at the right time (lanz, 1988) seeking new employees is an essential element for each employer, not only in organisations where particular emphasis is placed on the company's human resources policy.