Topic Content:
- Human Capital Development
- Characteristics of Human Capital Development
- Returns of Human Capital
Human Capital is the workforce a company employs. It is the combination of employees’ competencies and their commitment to the organization for which they work.
Human Capital can be defined as human knowledge and skills acquired that aid productive activities.
It is the knowledge embodied in people which enables them to effectively and efficiently perform different types of work.
Human capital includes assets like education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.
Characteristics of Human Capital Development:
The characteristics of human capital are as follows:
1. Human Capital is Skilful: Human capital is said to include qualities like an employee’s experience and skills. Skills can be acquired through education and
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