Volume -14 | Issue -5
Volume -14 | Issue -5
Volume -14 | Issue -5
Volume -14 | Issue -5
Volume -14 | Issue -5
An organization can be considered a social system that focuses on both the financial and societal components of the company as well as the values and needs of the individual employees involved. The foundation of any firm is its workforce. Without a strong and productive workforce, no company can thrive. Hence, human capital can play a significant role in increasing the productive capacity and revenue of the organization. With practice, engagement, training, and other factors, every individual develops a specific combination of abilities for their position, which ultimately boosts their productivity as well as assists in the growth of business. Human capital refers to the knowledge and skills that people acquire over time to further boost the operational efficiency of enterprises. Hence, human capital management practices can play a significant and essential role in the level of achievement of workers; expertise and ability are developed, and instruction and training can bring confidence and morale. Human capital management procedures and workers productivity have a strong positive correlation with one another.