Human capital is said to be the single most vital asset of a company – above an organization's data, technology, or even its physical building. Human capital is defined as the intangible qualities and economic value of employees, such as knowledge, skills, and attributes.
Companies that invest in human capital reap the benefits of improved employee satisfaction, productivity and profitability, company culture, and higher retention rates. But, many organizations fail to prioritize their workers, favoring the physical assets of the company instead. The bottom line is: Companies that invest in their human capital see long-term economic gains.
Read on to learn more about why you should invest in your company’s human capital.
