OK, I admit it! I’m a ‘boomer’ and someone who has been in the HR and employee management field for a long time. Maybe my thinking is old fashioned. I have always worked hard to convince management of the value of HR and the contribution to the bottom line by having good HR principles and as a result, engaged employees.
My rant, in part, is the reference to employees as ‘human capital’. For me, it reduces people to a thing, part of the inventory. If it added a line on the balance sheet as an asset, I might buy it but it doesn’t.
Somewhat related is the yearly reference in magazines to the ‘top 100 companies’ etc. The only measure they use is profit. That to me is not the important measure of success. What is meaningful to me is how many people are employed, directly and indirectly, by their business in British Columbia? What is their social contribution to the province and the community? How much did they contribute to the Provincial coffers through taxation?
Employees are not ‘things’, they are partners in the business. They are why a business can be profitable, or not. Profitable businesses are not necessarily good employers. Let’s redefine what a successful business consists of and respect the contribution of the employees.
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