Human Capital

What is Human Capital ?

‘Human Capital’ refers to the intangible economic value of the employee which is the direct result of their experience and skills. It also takes into account other factors such as education, training, intelligence, health, loyalty, punctuality, etc.

Human capital can be improved by providing adequate training. Some companies might even be willing to help their employees with their education and improve their abilities.

It is a proven fact that improving the human capital has a direct positive impact on the overall productivity and efficiency of the organization. Hence , it is said that the human capital of an organization is imperative to an organization’s success.

More HR Terms

Reverse Mentoring

What is Reverse Mentoring? Reverse Mentoring is a practice where less experienced or junior individuals share skills in a specific area where they are more

Strategic Planning

What is Strategic Planning ? ‘Strategic Planning’ refers to the planning of organizations to define the goals, objectives and needs of the company in a

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