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The Effect of Human Capital Development on Employees’ Attitude to Work in Insurance Industry in Nigeria

Amodu, L. O. and Alege, P. O. and Oluwatobi, Stephen and Ekanem, Thelma (2017) The Effect of Human Capital Development on Employees’ Attitude to Work in Insurance Industry in Nigeria. The Journal of Organizational Management Studies.

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Evidence from the literature confirms that firms are as productive as the quality of their factors of production, which includes labour (workers). This suggests that the quality of workers in a firm, in terms of attitude to work, determines the productivity of that firm. Firms can, thus, improve their performances by investing in their workers in such a way that their workers’ possess positive attitude to work. Such investments, which represent human capital development as well as employee relations, can be in the form of bonuses, salary upgrade, commendations and sponsored trainings, among others. The research questions that arise include: do firms recognise this factor as a way of improving productivity? To what extent do incentives improve firms’ productivity? The objective of this study, therefore, is to examine the effect of human capital development on workers’ attitude to work using Mutual Benefits Assurance Plc as a case. The study is founded on a theoretical foundation established by Human Capital Theory, and Correlation estimation technique was adopted for the research method. The findings revealed that the company engaged in human capital development which enhanced employees’ attitude to work, though there was a high level of employee turn-over as they grew older. It was, therefore, recommended that the organisation should adopt measures to achieve human capital sustainability.

Item Type: Article
Uncontrolled Keywords: Human Capital, Labour, employee relations, Investment, Firms
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: Faculty of Law, Arts and Social Sciences > School of Social Sciences
Depositing User: Mrs Patricia Nwokealisi
Date Deposited: 05 Feb 2019 10:13
Last Modified: 05 Feb 2019 10:13

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