Employees are the assets of any organization. Without human capital, an organization cannot sustain on a long scale or we can say the productivity of the organization is exceedingly depending on the employees through which they can get success. Employees in an organization, work according to their expertise which they get from learning, training, and experience. Such expertise makes them proficient in their work and benefits the organization by achieving the required task/goal.
It is crucial to understand the importance of human capital in any organization. Organizations devote money to train their new employees so in return; they can work hard and assist to attain the organizational goal. But the motivation of employees is another important responsibility of the organization otherwise employees may lose their concentration from the organization which can reduce productivity at work.
Here are some ways which can help to boost the human capital in any organization.
Train Frequently:
Here is no doubt that the development of the organization depends on its employees.
That’s why the recruitment of the right employee at the right place is a vital responsibility of human resource experts for the organization. In case of a mismatch for the required job can lead to a reduction in production as well as the waste of many other resources. It doesn’t mean that an organization can neglect fresh candidates for the job. It requires a suitable induction program that ought to be specially designed for new employees rather than boring manuals and static work roadmap. After that, the organization can provide its employees with frequent training which will help to upgrade their skills and help them to cope with upcoming challenges.
Well-Defined Work Responsibilities:
It must be defined to all employees that who are responsible for which work especially the key areas of the required task which should be defined according to the employees’ expertise otherwise it would only waste the time of both employee and organization with zero outcomes. The organization can also define milestones to keep everyone’s task on the track.
Monitor the Performance:
The performance of the employees must be monitored by the managers or senior authorities of the specific department because it can increase the human capital. Performance can be monitored through employees’ weekly reports which are an easy and effective way to track the progress of employees. It will help the managers to keep updated along their employees as well as weekly feedback will assist them to identify the queries which employees face during their job performance so they could cope with that.
Communicate Directly:
The approach of Hitler cannot work in this era of corporate. No matter what is the position whether junior or senior, every employee should have the right to enter into the office of HOD (Head of Department) or manager to discuss any query or task. Direct communication is the bridge between problems and solutions among the employees and senior authorities. Every employee should allow giving his idea, suggestion, and feedback regarding any matter or project. It won’t only help to bring up new ideas but also create a sense of attachment in employees which will boost their confidence and motivate them.
Motivation:
The motivation of employees is one of the important responsibilities of any organization to keep itself productive. It is the psychological fact, without the feeling of attachment no one can stay with you for a longer period. It is important to motivate the human workforce from time to time in various ways. It could be monthly meetings on employees’ general issues, appreciation in the form of incentives or awarding them as the Employee of the Month/ Organizations should not wait for the yearly promotions, small encouragements can give big rewards as well.
