Human capital of a company: the problem of determining the best investment option

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Doklady Bashkirskogo Universiteta. 2020. Volume 5. No. 6. pp. 409-415.

Authors

Ishmukhametov N. S.*
Bashkir State University
32 Zaki Validi Street, 450076 Ufa, Republic of Bashkortostan, Russia
Sharifullin A. A.
Bashkir State University
32 Zaki Validi Street, 450076 Ufa, Republic of Bashkortostan, Russia

Abstract

The article discusses the issue of determining the best option for investing in a company’s human capital. Factors affecting the general human capital and issues of investment in the training of company personnel are taken into account, which can be carried out through a corporate training system or a formal education system. The article deals with the cyclical nature of the process of effective training and development in a company, which consists of four phases. The issue of motivating employees for retraining through the system of professional standards is analyzed.

Keywords

  • investment in human capital
  • corporate training system
  • formal education system
  • professional standards
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