What is the Human Capital Net Worth of Your Business?
Where would Microsoft be without Bill Gates? Google without Larry Page? Or the Cleveland Cavaliers without LeBron James?
For some organizations, net worth is directly linked to specific individuals. This value is known as the human capital of the business. Investopedia defineshuman capital as “A measure of the economic value of an employee’s skill set . . . the education, experience and abilities of an employee that has economic value for employers and for the economy as a whole”.
Not a member-scholar yet? Join our financial community here!
Identify your path to CFO success by taking our CFO Readiness Assessmentᵀᴹ.
For the most up to date and relevant accounting, finance, treasury and leadership headlines all in one place subscribe to The Balanced Digest.