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

Bradford Factor

What is Bradford Factor ? The ‘Bradford Factor’ is a formula used as a means to measure the absenteeism of an employee in companies. It

Dead-end Job

What is Dead-end Job ?    A ‘Dead-end Job’ is the kind of job position wherein the employee has limited to no scope of promotion.

Diversity

What is Diversity?   ‘Diversity’ refers to the fact that humankind is diverse in nature with a varied number of races and cultures with their

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