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Question : The "cost of human capital" includes:

 

Option 1: The financial investment in education and training

Option 2: The salary paid to employees

Option 3: The cost of healthcare services

Option 4: The market value of human resources in a company


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 17th Jan, 2024

Correct Answer: The financial investment in education and training


Solution : The correct answer is (a) The financial investment in education and training

The cost of human capital refers to the expenses associated with developing and nurturing the knowledge, skills, and abilities of individuals. It includes the financial investment made in education and training programs, such as tuition fees, training courses, educational materials, and other related expenses.

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