Human Capital
John Deere is a place that attracts human capital who strive to do great work, excel in creative environments, thrives in teams, and lives for problem solving. Its employees are highly talented and it is a company that strives to produce the highest quality products and services. At John Deere, career development is a real benefit because they want you to succeed and reach your full potential. The company also develops human capital by encouraging and financially support job-related external learning opportunities. John Deere helps employees grow in their career by providing: learning, self-assessments, career advisers, and coaching and mentoring. Being able to retain strong human capital is an integral part of John Deere's overall strategy. They retain human capital by such examples as pay by performance which includes incentives for employees who have strong individual performances. John Deere also provides its employees with pension plans, 401k, and stock purchasing plans, along with medical, and dental coverage. The company also provides its employees with an opportunity for tuition reimbursement if they chose to get degree at a higher learning institution. John Deere really is a great company to work for and they really value their employees, which should be at the heart of every successful company.
The intellectual capital of John Deere is calculated by subtracting the book value of John Deere by the market value of the company. The market value of John Deere is 34 billion, and the book value is 16.81 billion. So the intellectual capital of John Deere is 17.19 billion.
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