Abstract
If we could agree that human capital is a form of asset management, then we must recognize the critical need for a plan to secure, manage and motivate a workforce to optimize our business performance!
My research pretends to highlight best practices that work for successful companies in the US and to compare with those that had failed in keeping the focus on their workforce.These companies have shown that their proven trend of success always pointed to their workforce, their human resources able to provide the best customer service or product in the market.
In a ferocious market of competition, best practices for retention and compensations include employee motivators promoting employee pride and loyalty and reducing costly turnover rates while also increasing skills as one of the most precious and valuable inventories in business.The research recognize human capital as the accumulated stock of skills, experience, and knowledge that resides in an organization's workforce and drive productive labor. It focus on employee recognition programs as a way to reward work and behaviors that support and further the mission, goals, values and initiatives of the company.
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