Technology Magazine February 2023 | Page 43

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As the way the world works continues to change , improving human capital to keep employees happy and engaged has never been so important

An organisation is only as good as its employees . And as technology continues to change the way the world works , improving human capital has never been as important .

A term made popular in the 1960s by American economists Gary Becker and Jacob Mincer , ‘ human capital ’ refers to the economic value of a worker ' s experience and skills , including assets like education , training , intelligence and skills . technologymagazine . com 43