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Technology has made the process of converting tacit knowledge into explicit knowledge very easy for most companies to do with very little effort.
Unskilled Workers
Individuals who lack specific skills or qualifications and typically perform simple tasks that require limited training.
Skilled Workers
Individuals who have specialized training, experience, or education and are capable of performing specific tasks often requiring technical competency.
Wage Gap
The difference in earnings between two or more groups within the workforce, often defined by gender, race, or education level.
Human Capital
The sum of talent, expertise, or hidden assets belonging to individuals that can lead to economic profit for the people themselves, their employers, or their surrounding community.
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