What is human capital?

Human capital (HC) is an intangible asset that is a sum of the economic value of employees’ experience and skills. The ‘capital,’ in this instance, refers to assets such as knowledge, skills, health, education, etc.

What is human capital & human resources?

Human capital (HC) is an intangible asset that is a sum of the economic value of employees’ experience and skills. The ‘capital,’ in this instance, refers to assets such as knowledge, skills, health, education, etc. There is a distinct difference between human resources and human capital.

Is human capital an asset?

W HUMAN CAPITAL IS VALUEDSource: Human capital as an asset: An accounting framework to reset the value of talent in the new world of work, World Economic Forum and W DFrom profits to purposeFor too long, many companies had embraced the notion that a company’s sole responsibility is to maximize pro