Human capital at work: The value of experience

This report from McKinsey explains that the most important resource in any economy or organisation is its human capital - that is, the collective knowledge, attributes, skills, experience and health of the workforce. The report examines how career moves are an important mechanism for expanding skills and increasing earnings. The data suggests career moves pay off, particularly for a new position that pushes a candidate’s capabilities or better utilises their existing skills. The report also examines how employers can attract and retain talent by recognising potential, embracing mobility, and strengthening learning.