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Human capital is an intangible asset or quality not listed on a company’s balance sheet. It can be classed as the economic value of a worker’s experience and skills.
It and includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Employers can improve the quality of human capital by investing in employees—the education, experience, and abilities of employees all have economic value for employers and for the economy as a whole.
Human capital is important because it is perceived to increase productivity and thus profitability.
So the more a company invests in its employees (i.e., in their education and training), the more productive and profitable it could be, plus other key important factors such as health, well being and safety.
In this show, let’s explore with Louise Hosking Human Capital and how factors and views have changed over the last few years.
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