Cost of human capital in the establishment of the national system of professional qualifications (for example of hospitality industry)

The article deals with scientific approaches to assessing the value of human capital. The effect on the value of the human capital of professional standards in the hospitality industry and, as a consequence, the cost of operating business as a whole. The peculiarities of the development and application of professional standards, provide recommendations to enhance the value of human capital as part of a national system of professional qualifications.