Future of Work

Human capital at work: The value of experience

Human capital is much more than a macroeconomic abstraction.

Human capital is a significant resource to economies of the world Image: Unsplash/krakenimages

Anu Madgavkar
Partner, McKinsey & Company
Bill Schaninger
Senior Partner, McKinsey & Company
Sven Smit
Senior Partner, McKinsey & Company
Jonathan Woetzel
Senior Partner, McKinsey & Company
Hamid Samandari
Senior Partner, McKinsey & Company
Davis Carlin
Partner, McKinsey & Company
Jeongmin Seong
Partner, McKinsey & Company
Kanmani Chockalingam
Engagement Manager, McKinsey & Company
Share:
Our Impact
The Big Picture
Explore and monitor how Future of Work is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
Stay up to date:

Future of Work

The value of human capital represents roughly two-thirds of an individual’s total wealth.
The value of human capital represents roughly two-thirds of an individual’s total wealth. Image: McKinsey & Company

Those that move roles are likely to significantly increase their skills and add to their human capital value.
Those that move roles are likely to significantly increase their skills and add to their human capital value. Image: McKinsey & Company
Experience and role moves can enable workers to move into higher earning quintiles and human capital value.
Experience and role moves can enable workers to move into higher earning quintiles and human capital value. Image: McKinsey & Company
Charts showing the share of people who advance to a higher national earnings quintile and also add to the value of human capital.
People can advance from the 5th, 4th, 3rd, and 2nd earnings quintile to the very top. Image: McKinsey & Company

Have you read?
Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Related topics:
Future of WorkFuture of Work
Share:
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

What's 'holistic health' and how does it relate to improved performance at work?

Charlotte Edmond

November 27, 2023

1:35

About Us

Events

Media

Partners & Members

  • Join Us

Language Editions

Privacy Policy & Terms of Service

© 2023 World Economic Forum