Payroll - Human Capital

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acquiring

buy or obtain (an asset or object) for oneself

emotional

showing strong feelings

communication skills

the ability to speak, listen, and write effectively

organizational culture

the set of values, ideas, attitudes, and norms of behavior that is learned and shared among the members of an organization

artificial intelligence (AI)

A scientific field that focuses on creating machines capable of performing activities that require intelligence when they are done by people.

knowledge-based business

a business in which information, data, and knowledge are paramount for its success

incentive

a reason for doing something; something that stimulates action

Capital

a type of asset that allows a business to make more money

Recruiting

any activity carried on by the organization with the primary purpose of identifying and attracting potential employees

specialized knowledge

being especially skilled or having a lot of experience in a particular position, field, and/or industry

sufficient

enough; adequate

Selecting

picking out; choosing

Examples of Capital

plant, tools, and equipment

reimburse

repay

human capital

the knowledge and skills that workers acquire through education, training, and experience

compensation package

the mix of salary, benefits, and other incentives that employees receive from the organization

critical thinking

thinking that does not blindly accept arguments and conclusions. Rather, it examines assumptions, discerns hidden values, evaluates evidence, and assesses conclusions.

benefit

to gain or receive good results from something

retaining

to keep or hold secure

cultivate

to nurture, improve, refine


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MAN 4701: Chapter 16 "Employees and Corporation."

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