Explain any five benefits of investment in human capital formation.
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benefits of investment in human capital formation--
1) it adds to the productive power of the country.
2) it contributes in GDP of a country.
3) it yields high rate of returns in future.
4) it can even make a country developed for example Japan.
5) it helps to make correct use of land and capital for the country's benefit.
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1. Increase employee satisfaction:- investing in professional development for your staff can lead to a greater job satisfaction.
2. Improve retention rates:- about 54 percent of workers said that career advancement oppurtunities are more important than salary when looking for work.
3. Develop employee engagement:- increasing employee engagement is a priority for every buisness.
4. Develop cleint engagement:- employees are the face of the organizations.
5. Improves ROI :- every company invests in human capital,whether it undersrans it or not.
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