Unit 7: Safety, Health, and Wellness
By now, you should more fully understand the significance of managing human capital as a strategic part of any business platform. It is important that you recognize how all of the human capital management concepts come together to support an organization that enjoys a competitive advantage over others within its market. It is also important that you understand that the employer is responsible for making the job attractive to potential human capital candidates and enticing them with an environment that incentivizes employees to work and grow with the organization. While you have covered a lot as this course has progressed, there are still some key factors to be addressed as you develop an understanding of how to manage human capital. One of those key areas is the safety and health of human capital.
At a most basic level, the employer is responsible for sending its employees home in the same manner in which they arrived. The concept of safety is so important that the government has created a special department - the Occupational Safety and Health Administration (OSHA) - whose sole focus is the safety and well-being of employees within the workplace. Every single workplace environment must comply with OSHA regulations.
Employers must also be concerned with the health of their human capital. Healthy employees boost workplace performance and productivity, use fewer sick day benefits, and are more likely to build stronger and longer-lasting relationships with their employers. When an employee or potential employee sees that an employer is concerned about his or her personal well-being, he or she is more likely to become and remain a part of that organization. Note: Employee Health is sometimes referred to as employee wellness.
Completing this unit should take you approximately 6 hours.