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Improving Labour Productivity in Post-COVID India: A Human Capital Management Imperative
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Ms. Madhuri Mukherjee
Independent Human Capital Management Consultant, Research & Content Writer, Delhi, India
Abstract
The strict initial lockdowns imposed due to COVID-19 severely battered the Indian economy which was already showing signs of a slowdown before the pandemic. As a result, most organisations were unable to sustain their investments in new technology and in development of physical and human capital. This has adversely affected labour productivity within the economy which was faltering even before the COVID-19 outbreak. The recent wave is again bound to adversely affect workforce morale and productivity. A probable solution lies at the confluence of the incentive theory of motivation and concepts in human capital management. The present article highlights the same.
Type
Research Paper
Information
International Journal of Law Management and Humanities, Volume 4, Issue 2, Page 2265 - 2269
DOI: http://doi.one/10.1732/IJLMH.26500Creative Commons
This is an Open Access article, distributed under the terms of the Creative Commons Attribution -NonCommercial 4.0 International (CC BY-NC 4.0) (https://creativecommons.org/licenses/by-nc/4.0/), which permits remixing, adapting, and building upon the work for non-commercial use, provided the original work is properly cited.
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Copyright © IJLMH 2021