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1Human Capital Management Benefits & Risk Management 615 W. Missouri Avenue, Midland, Texas 79701 Office: (432) 2401950 Fax: (432) 6895869 |www.midlandisd.netFMLA Packet: Employees Family Members
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Identify the skills, knowledge, and abilities of each individual within the organization
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Assess the potential for growth and development of each individual
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Allocate resources and opportunities for training and advancement based on the identified human capital
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Regularly review and update human capital data to ensure it remains accurate and relevant

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Business owners and managers who want to optimize the performance and productivity of their workforce
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Human capital refers to the skills, knowledge, experience, and attributes that individuals bring to the workplace.
Employers are typically required to report on their human capital.
Filling out human capital involves documenting the workforce's skills, experience, diversity, and other relevant information.
The purpose of reporting on human capital is to provide insights into the value and capabilities of the workforce.
Information such as demographics, skills, training, turnover rates, and workforce development initiatives may need to be reported.
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