The use of the term generated the predictable fallout. The aforementioned "human resources" grumbled in their passages and parking lots about being reduced to quantifiable entities on a balance sheet - "mere numbers" - and saw sinister connections with the plan to move network user identities to staff numbers.
It went further. _Human_ capital, they muttered, went beyond claims on one's intellectual, or social, or cultural, capital - the University was laying claim to one's entire being. So this, they murmured darkly, was where the Private Work Policy was headed. Not content with claiming the right to determine how one spent one's "free time", they were in fact claiming it. "Free time" no longer existed. It was all the University's time, you were merely excused from being in office for a few hours each day to go home and sleep, eat, procreate or whatever else was best not done in your office.
Of course, the "Human Capital" concept raises interesting questions about assets vs liabilities, depreciation models and disposal...