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Total cost of human ownership: generation Y’s problem

Journal: Business Education in the Knowledge Economy (Vol.1, No. 2)

Publication Date:

Authors : ;

Page : 11-14

Keywords : human resources; generation Y; total cost of human ownership;

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Abstract

The human resources are one of the assets of each company, which can hardly be described and estimated. Staff recruitment, adaptation, training and replacement are always expensive for a company. However, the cumulative cost of possession of the human capital changes when generation Y comes.

Last modified: 2017-10-06 12:34:13