What is Human Capital Management?
NOVEMBER 15, 2020
Human Capital Management. The term Human Capital represents an asset with a flow of benefits that are greater than the cost of the asset. To most the term capital means assets that yield income; when using the term Human Capital, it means the value added by the workforce. The approach to workforce management in most organisations focuses on cost i.e. cost per hire, or in other words Financial Capital, which is expressed in hard dollars.