Factors contributing to human capital productivity / Hamizah Hassan

• Main Author: Hassan, Hamizah
• Format: Article
• Language: English
• Published: UiTM Cawangan Kedah 2021
• Subjects: Personnel management. Employment management; Manpower planning
• Online Access: https://ir.uitm.edu.my/id/eprint/56276/1/56276.pdf; https://ir.uitm.edu.my/id/eprint/56276/
• Institution: Universiti Teknologi Mara

The importance of human capital cannot be disregarded in the era of Industrial Revolution 4.0. This is because in any industry, human capital remains the primary source of productivity. In addition, part of the technology in Industry 4.0 includes humans themselves (Ellahi et al., 2019). As a result, employers in organizations should not overlook the importance of good human capital management. Human capital should be viewed as an asset and not as a cost, according to the philosophy of human capital management. This means unlike tangible asset such as technology equipment, human capital is an intangible asset that organizations must effectively manage. Assets that are well-managed will have a substantial impact on productivity especially in this current situation where the world is still fighting the COVID-19 virus infections. Here are a few factors that can help assure human capital productivity in an organization, as a result of effective human capital management.