CRITERIA FOR ASSESSING THE USE OF HUMAN CAPITAL IN SMALL BUSINESS

Аннотация

The article deals with the concept of human capital, the history of its emergence, the opinions of world scientists about this theory, and the role of human capital in achieving sustainable economic development in the country. The theory of human capital shows that in production, wages vary depending on the productivity of the worker in the workplace. The efficiency of the work of skilled workers will be more productive, respectively, and wages themselves will be higher. On the other hand, the axiom of human capital theory is that investing in education is only appropriate if it provides high wages. The human resource management strategy recommends working through the following algorithm: mission in the implementation of the strategy, goal, analysis of the internal and external environment, analysis and selection of alternatives, setting up an analysis of these results.