Invest in Yourself: Aplikasi Konsep Human Capital Dari Sudut Pandang Karyawan
Manajemen Usahawan Indonesia, Vol. 39, No. 6, 2010
11 Pages Posted: 21 Mar 2011
Date Written: December 1, 2010
Davenport (1999) provides a different point of view at the concept of Human Capital by Gary Becker (1993). He focused the application of human capital from the employee’s point of view and coined the term Employee‐Investor where employees are seen as both owners and investors of their own human capitals. This shift of paradigm involves the change of interaction pattern between employees and employers, especially interactions related to human development activities.
This paper discusses the application of Human Capital from the employee’s point of view, especially regarding how each employee must manage and develop their own human capital investment in order to maximize their return on investment. On the other hand, management of human capital by employers should focus on attracting and retaining human capital investors by providing working environment that is conducive to personal development and self‐investment of human capital.
Note: Downloadable document is in Indonesian.
Keywords: Human Capital Investment, Employee‐Investors
JEL Classification: M12, M53
Suggested Citation: Suggested Citation