EFFECT OF HUMAN CAPITAL ON JOB PERFORMANCE - A STUDY IN STEEL INDUSTRIES OF ODISHA
DIPTIRANJAN SARANGI *
Associate Dean – Amity Global Business School, Bhubaneswar - 751013, India
SOUMENDRA KUMAR PATRA
Department of Operations Management, Regional College of Management Autonomous, Chakadola Vihar, Chandrasekharpur, Bhubaneswar – 751023, India
*Author to whom correspondence should be addressed.
Abstract
Human Resource is the most valuable asset to any organisation. Unlike other assets, People are the only greatest potential asset and the only greatest potential liability that an organization will acquire as it moves about its business. Human capital is the most critical agent of industry performance. Human capital often referred as capital of an individual to perceive access and manage capitals of his own self and of other people. The study attempts to explain the relationship between human capital management and organizational performance. Data was collected from 143 different officials working in different steel industries in Odisha. The present study is focused on major objectives namely: to study the significant impact of Human capital on organization performance in work related outcomes. The reliability of the constructs is validated by Cronbach’s Alpha value. Pearson correlation and linear regression were used to test hypotheses. Results of the study show that firm’s human capital has a significant positive impact on organizational performance.
Keywords: Human capital, Job performance, efficiency, work motivation, effort, capital