Human capital management (HCM) is a set of practices related to human resources (HR) management that enables managers and business leaders to retain top talent and maximize their team’s productivity.

Human capital includes education, knowledge, experience, and skills. Economists Gary Becker and Theodore Schultz pioneered human capital theory. Education is viewed as an investment in productivity.

On this episode of The Long View, Tom Idzorek, chief investment officer of retirement for Morningstar Investment Management, and Paul Kaplan, who before retiring in 2023 was the director of research ...

Human capital management (HCM) is a comprehensive set of practices and tools used for recruiting, managing and developing employees as a valuable business asset rather than just as a business cost.