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Lafarge North America Human Resources Generalist Interview Question

I interviewed in Alpharetta, GA and was asked:
"What is the definition of Human Capital?"
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Part of a Human Resources Generalist Interview Review - one of 18 Lafarge North America Interview Reviews

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A measure of the economic value of an employee's skill set. This measure builds on the basic production input of labor measure where all labor is thought to be equal. The concept of human capital recognizes that not all labor is equal and that the quality of employees can be improved by investing in them. The education, experience and abilities of an employee have an economic value for employers and for the economy as a whole.

To reflect the value of our human capacities. He believed human capital was like any other type of capital; it could be invested in through education, training and enhanced benefits that will lead to an improvement in the quality and level o
- Sheila Finley on Jan 23, 2012

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