Do words, expressions, or the way things are referenced bug you sometimes? One of the ones that I detest is the reference in business to ‘Human Capital’. I get it. It is an accountant’s way of justifying people on the bottom line of an organization. But to me, it is degrading to the employees.
One definition of Capital is, ‘Wealth in the form of money or other assets owned by a person or organization or available or contributed for a particular purpose such as starting a company or investing’. In other words, the employee is a commodity to be used.
Employees are much more than this. They bring diversity and their strengths to the organization. Their personality preferences contribute to the decision-making and culture of the organization. In some cases they are the face of the business in the community and all of them contribute to the bottom-line.
A small thing? Perhaps, but in my years in Human Resources and Employment Counselling, Position Titles and the way people are addressed has, in many cases, determined whether they accepted a position, or stayed once the were in it.
Work has a lot more attached to it than money. Simple things like respecting the employee through recognizing them as individuals and their contributions can influence their loyalty.
What’s in a name? Perhaps a lot.
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