Question

how can we invest in human capital class 9​

Answer 1

Human capital formation is the process of transforming the people in a country into workers who are capable of producing goods and services. During this process, relatively unskilled individuals are given the tools they need to contribute to the economy.

Human capital and economic growth have a strong relationship. Human capital affects economic growth and can help to develop an economy through the knowledge and skills of people. ... This country is experiencing economic growth and has an increase in the value of all goods and services.

Answer 2

Answer:

Human capital is the measure of the economic value that an employee provides, through their knowledge, skills, and abilities.

On average, total human capital costs are almost 70 percent of a company’s operating expenses. Despite how much employees cost, many companies do not properly invest in an employee development plan, in their human capital.

According to the 2015 Talent Mobility Research Report, more than 40 percent of organizations claim that they rarely, or never, provide career planning or development. If your company is part of this 40 percent, you should strongly reconsider your approach to managing your human capital.

To reap the most benefits from employees your business needs to invest actively in them. Here are eight benefits of investing in your human capital development.