Human Capital

WHAT IS HUMAN CAPITAL

‘Human Capital’ is an economic metaphor for the knowledge, skills and health of individuals through which they seek to better their lives.

In today's global knowledge-based economy, Human Capital is not surprisingly center-stage: for employability and earnings capacity at the individual level, for business competitiveness at the firm level, and for a nation's overall economic prosperity. At the national level, Human Capital is the largest category of wealth, especially in most developed nations, where it is estimated at between 60% and 80% of National Wealth (IWR 2018).

For our Human Capital assessment, we economically value the contribution of the company towards the human capital development and wellbeing of its employees.