Explain simple human capital model, HR Management

Assignment Help:

Question:

i) Using a simple human capital model explain the rationale for undertaking higher education.

ii) Why do some people vary significantly the amounts of human capital which they acquire?

iii) After graduating from high school, Paul is thinking about enrolling in a one-year course in e-commerce. The direct costs of the course are $1,500 and the opportunity cost is $4,500. Upon completion of the course, he plans to work at Skynet Corporation for three years and then retire. The expected incremental income after completion of training is $2500, $3,000 and $3,500 for the three years he intends to work. The relevant interest rate is 10%. Is the decision to enroll in the e-commerce course rational? Discuss.


Related Discussions:- Explain simple human capital model

Show suitability of time wage system, Q. Show Suitability of time wage syst...

Q. Show Suitability of time wage system? Suitability of time wage system 1 where supervision is close as in small concerns. 2 where quality is more important than quantit

Induction, Reasons why some companies do not pay sufficient attention to st...

Reasons why some companies do not pay sufficient attention to staff induction

Sound reward system, effective on hrs depends upon sound reward system

effective on hrs depends upon sound reward system

Workers participation through suggestions schemes, Q. Workers participation...

Q. Workers participation through suggestions schemes? Employee's views on such matters as machine utilization waste management energy conservation and safety measures are invit

How may self-managed teams and groups be effective, Question 1: (i) Wh...

Question 1: (i) Why and how may self-managed teams and groups be effective? What makes them attractive and unattractive to management and to the individual employee? (ii)

Distinguish between hard skills and soft skills, Question 1: a) Your em...

Question 1: a) Your employer has realized that a formal recruitment and selection process is required. You have been asked to identify and explain the stages involved in recru

Illustrate selection process, Selection: it is the process of ascertaining...

Selection: it is the process of ascertaining the qualifications, experience, skill knowledge etc of an applicant with a view to appraising his or her suitability to a job appraisi

Human resources activities, what are role,task and activities of human reso...

what are role,task and activities of human resources in dutch lady company

Syndicate discussion, what is the difference between group discussion and s...

what is the difference between group discussion and syndicate discussion

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd