Define Human Capital.Give one example.
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Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills. This includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
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Human capital is an intangible asset or quality not listed on a company's balance sheet. It can be classified as the economic value of a worker's experience and skills.
Human capital can include qualities like:
- Education.
- Technical or on-the-job training.
- Health.
- Mental and emotional well-being.
- Punctuality.
- Problem-solving.
- People management.
- Communication skills.
An example of human resources is the department you would speak with to get more information about employee benefits.
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