Human capital is the largest asset of any company. It is the total value of the employees’ skills and experience. It is a mostly intangible resource but includes assets such as training, skills, intelligence, education, and loyalty of employees.
The concept of human capital is based on the idea that not every staff member is the same. Some people will be more skilled and talented than others. However, employers can increase the value of their human capital by investing in training and educating their staff. The idea is that the more valuable your organization’s human capital is, the more productive and profitable your organization will be.