Human capital investment selection criteria: Who is worth the investment?
Orientation: Employee investment is an important contributor to advancing both the employee and the organisation. Using the correct criteria to select employees to participate in a human capital investment (HCI) initiative is vital. Research purpose: The purpose of the study was to explore the impa...
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| Format: | Article |
| Language: | English |
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AOSIS
2022-11-01
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| Series: | SA Journal of Human Resource Management |
| Subjects: | |
| Online Access: | https://sajhrm.co.za/index.php/sajhrm/article/view/2086 |
| _version_ | 1798014926752579584 |
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| author | Malebo Motshwane Annelize van Niekerk |
| author_facet | Malebo Motshwane Annelize van Niekerk |
| author_sort | Malebo Motshwane |
| collection | DOAJ |
| description | Orientation: Employee investment is an important contributor to advancing both the employee and the organisation. Using the correct criteria to select employees to participate in a human capital investment (HCI) initiative is vital.
Research purpose: The purpose of the study was to explore the impact of HCI within an organisation and to understand how selection criteria are determined and applied when selecting knowledge assets in which to invest. The study also aimed to formulate recommendations on suitable selection criteria for HCI beneficiaries.
Motivation for the study: The ability to effectively identify relevant skills to invest in provides an opportunity to leverage employees’ innovation capacity, crucial in the development of commercial products and the improvement of business processes.
Research approach/design and method: A qualitative, interpretive research design was adopted within the phenomenological paradigm. Eight semistructured interviews were conducted with purposively selected participants. Data were analysed using thematic analysis while all ethical protocols were observed.
Main findings: The findings reveal a disparity in perceptions regarding criteria used in the application and selection process of HCI beneficiaries. The findings also reveal the risks and benefits of HCI programmes for both the employee and the organisation.
Practical/managerial implications: Standardised procedures, processes and criteria, aligned to organisational strategy and for the purpose of employee development and succession planning, should be clearly formulated and communicated to all the stakeholders.
Contribution/value-add: Recommendations are made to management, human resources practitioners and researchers on ensuring effectively developed HCI initiatives. |
| first_indexed | 2024-04-11T15:25:06Z |
| format | Article |
| id | doaj.art-c9f14d3e092e41f183965b20a856eb60 |
| institution | Directory Open Access Journal |
| issn | 1683-7584 2071-078X |
| language | English |
| last_indexed | 2024-04-11T15:25:06Z |
| publishDate | 2022-11-01 |
| publisher | AOSIS |
| record_format | Article |
| series | SA Journal of Human Resource Management |
| spelling | doaj.art-c9f14d3e092e41f183965b20a856eb602022-12-22T04:16:16ZengAOSISSA Journal of Human Resource Management1683-75842071-078X2022-11-01200e1e1110.4102/sajhrm.v20i0.2086693Human capital investment selection criteria: Who is worth the investment?Malebo Motshwane0Annelize van Niekerk1Department of Industrial and Organisational Psychology, College of Economic and Management Sciences, University of South Africa, PretoriaDepartment of Industrial and Organisational Psychology, College of Economic and Management Sciences, University of South Africa, PretoriaOrientation: Employee investment is an important contributor to advancing both the employee and the organisation. Using the correct criteria to select employees to participate in a human capital investment (HCI) initiative is vital. Research purpose: The purpose of the study was to explore the impact of HCI within an organisation and to understand how selection criteria are determined and applied when selecting knowledge assets in which to invest. The study also aimed to formulate recommendations on suitable selection criteria for HCI beneficiaries. Motivation for the study: The ability to effectively identify relevant skills to invest in provides an opportunity to leverage employees’ innovation capacity, crucial in the development of commercial products and the improvement of business processes. Research approach/design and method: A qualitative, interpretive research design was adopted within the phenomenological paradigm. Eight semistructured interviews were conducted with purposively selected participants. Data were analysed using thematic analysis while all ethical protocols were observed. Main findings: The findings reveal a disparity in perceptions regarding criteria used in the application and selection process of HCI beneficiaries. The findings also reveal the risks and benefits of HCI programmes for both the employee and the organisation. Practical/managerial implications: Standardised procedures, processes and criteria, aligned to organisational strategy and for the purpose of employee development and succession planning, should be clearly formulated and communicated to all the stakeholders. Contribution/value-add: Recommendations are made to management, human resources practitioners and researchers on ensuring effectively developed HCI initiatives.https://sajhrm.co.za/index.php/sajhrm/article/view/2086human capital investmentselection criteriabeneficiariesknowledge assetsphenomenologyinterpretivist paradigmsuccession planning |
| spellingShingle | Malebo Motshwane Annelize van Niekerk Human capital investment selection criteria: Who is worth the investment? SA Journal of Human Resource Management human capital investment selection criteria beneficiaries knowledge assets phenomenology interpretivist paradigm succession planning |
| title | Human capital investment selection criteria: Who is worth the investment? |
| title_full | Human capital investment selection criteria: Who is worth the investment? |
| title_fullStr | Human capital investment selection criteria: Who is worth the investment? |
| title_full_unstemmed | Human capital investment selection criteria: Who is worth the investment? |
| title_short | Human capital investment selection criteria: Who is worth the investment? |
| title_sort | human capital investment selection criteria who is worth the investment |
| topic | human capital investment selection criteria beneficiaries knowledge assets phenomenology interpretivist paradigm succession planning |
| url | https://sajhrm.co.za/index.php/sajhrm/article/view/2086 |
| work_keys_str_mv | AT malebomotshwane humancapitalinvestmentselectioncriteriawhoisworththeinvestment AT annelizevanniekerk humancapitalinvestmentselectioncriteriawhoisworththeinvestment |