What is human capital
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the skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.
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hello there !! :)
Definition of 'Human Capital'
A measure of the economic value of an employee's skill set. This measure builds on the basic production input of labor measure where all labor is thought to be equal. The concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved by investing in them. The education, experience and abilities of an employee have an economic value for employers and for the economy as a whole.
hope this helps.. :)
Definition of 'Human Capital'
A measure of the economic value of an employee's skill set. This measure builds on the basic production input of labor measure where all labor is thought to be equal. The concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved by investing in them. The education, experience and abilities of an employee have an economic value for employers and for the economy as a whole.
hope this helps.. :)
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