Quick Definition

Human capital refers to the economic value of a worker's experience and skills, including education, training, intelligence, skills, health, and other things employers value such as loyalty and punctuality.

Examples

• 1A company investing in employee training programs to enhance their skills and productivity.
• 2A professional attending a university to gain a degree and increase their job prospects and earning potential.
• 3Healthcare benefits provided by employers to maintain and improve the health and well-being of their workforce, thereby preserving the company's human capital.
• 4Governments implementing policies to improve the national education system, thereby enhancing the human capital of the entire country.

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