HUMAN CAPITAL

In simpler terms, human capital in HRM (Human Resource Management) refers to the knowledge, skills, and abilities of the employees within an organization that contribute to its success. This includes their education, training, experience, and other qualities that make them valuable assets to the organization. Human capital is a critical resource for any organization, and effective HRM practices aim to attract, retain, and develop human capital to drive organizational performance and achieve its goals.

                                  Human capital refers to the knowledge, skills, abilities, and other attributes that individuals possess and can use to create economic value. It includes education, training, work experience, and personal qualities such as creativity, innovation, and problem-solving abilities. Human capital is an essential component of economic development as it can enhance productivity, increase innovation and contribute to economic growth. It is also critical for individuals to improve their employability and earnings potential, and for societies to improve their overall well-being.