Why is the measurement of human capital important?

Why is the measurement of human capital important?

- to know as CEO or manager what the progress is of the implementation of your HR strategy

- to benchmark the effectiveness with outside companies

- for government statistics

- to understand if extra effort must be spend by the company to meet the targets / HR objectives

- cost controle

- for audit purposes

In addition to the answers I would say, it is important because it helps you in determine weaknesses and strengths of your human resources and employees !

Thank You

Thanks for invitation

I am agreeing with my colleague’s answer 

Human capital constitutes a key element of the market worth of a company.

●   Focus attention on what needs to be done to make the best use of its human capital.

●   Monitor progress in achieving strategic HR goals and evaluate HR practices.

Thank you for inviting ........ because it is considered the main engine

ti know effect and can judge it