INVESTMENT IN HEALTH CAPITAL AS A FACTOR OF LABOR PRODUCTIVITY GROWTH (PJSC “LUKOIL” CASE STUDY)
https://doi.org/10.35266/2949-3455-2024-2-7
Abstract
The article examines how investment in health capital affects labor productivity using the example of a specific enterprise. The authors analyzed a case study of a corporate program to prevent injuries at an enterprise, studied the basis of the health capital theory, and developed strategies to increase health capital and labor productivity. The author’s approach is unique because of the case study analysis, which provides a more detailed study of a specific case in practice. The findings of the study show that investing in the health
capital of an enterprise’s employees can significantly increase labor productivity, reduce illness and injury rates, and improve employee-employer relations. The authors’ conclusions confirm the need to invest in health capital as a means of enhancing labor productivity in an enterprise. Other companies can adopt the developed strategies to improve working conditions and an employee’s well-being.
About the Authors
A. Yu. Tyan
Ural Federal University named after the first President of Russia B. N. Yeltsin,
Yekaterinburg
Russian Federation
Russian Federation
Assistant Professor, Research Assistant
N. R. Kelchevskaya
Ural Federal University named after the first President of Russia B. N. Yeltsin,
Yekaterinburg
Russian Federation
Russian Federation
Doctor of Sciences (Economics), Professor, Honored Worker of Higher School
of the Russian Federation
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Review
For citations:
Tyan A.Yu., Kelchevskaya N.R. INVESTMENT IN HEALTH CAPITAL AS A FACTOR OF LABOR PRODUCTIVITY GROWTH (PJSC “LUKOIL” CASE STUDY). Surgut State University Journal. 2024;12(2):62-73. (In Russ.) https://doi.org/10.35266/2949-3455-2024-2-7
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