Human capital refers to the knowledge, skill, and ability of people and their motivation to use them successfully on the job.

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Human capital is commonly defined as the collective knowledge, skills, and abilities of individuals, as well as their motivation to use them effectively in the workplace. This concept is important in understanding the value that individuals bring to an organization and the ways in which organizations can invest in their employees to enhance their human capital.

Human Capital Refers to the Knowledge, Skill, and Ability of People