The propensity to employ high skilled employees. An empirical analysis on Manager and Intellectual Professions
Lucia Aiello,
Giuseppe Espa (),
Mauro Gatti and
Andrea Mazzitelli ()
No 2015/11, DEM Discussion Papers from Department of Economics and Management
Abstract:
The paper is focused on a particular dimension of performance of work organization: the high skills (h-skills) of workers required by enterprises. This choice depends on the interaction between different variables; in particular, the need of the enterprise to obtain an economic equilibrium that can be sustainable over time. Thus, this work aims to consider the role of skills and competences of workers into the hiring propensity of enterprises. The mission of this research is to verify the main characteristics, which affect the choice of employing of high skilled employees, in pre-crisis time. In order to not correlate required skills and financial-economic crisis after 2008, the work refers to the pre-crisis period (2003-2007). The territory that we have considered is Rome and its province. The managerial implication is to put in evidence the importance of stimulating and supporting the hiring policies of workers with high skills and considering their impact on educational policies. This evidence can create the main conditions to increase the quality of supply of the labor market and subsequently, the satisfaction of demand of the labor market, namely the enterprise also. The suggestions consider the labor market and its actors; in this perspective the mains actors are the enterprises, since this study shows that the quality of workers is a higher priority for them compared to the other conditions. In addition, companies that follow this approach are those that export and operate in international markets and this may be an incentive to other companies. This study verifies what the previously cited quality conditions are. Finally, one of the managerial implications is new evidence: for enterprise and its survival the policy makers may have to be directed towards ensuring the right balance between supply and demand and not the contractual typology only. From the organizational perspective, the enterprise should reflect on this aspect: the lever of the contract is not really significant, as we can see from this study, to stimulate the qualitative aspects of labor demand, namely the commitment and organizational health. The analysis is based on the Excelsior's data-base Information System, which collects data on the recruitment propensity of enterprises, propensity that is confirmed in more than 80% of cases into recall of the next year; the methodological approach was the logistic regression model, which was fitted to managers and intellectual professions. The original contribution is that quantitative analysis explains what the skills and competences of workers are and what the needs to succeed today in the workplace are. This may stimulate the organizational behavior and well-being of the worker, as well as the society. In a rapidly changing world, graduates have to strengthen their cvs in order to cultivate increasingly higher skills and to convince of their abilities. Companies were already looking for talents in pre-crisis times.
Keywords: Employability; propensity to employ; well-being; high skills; Excelsior Information System; logistic model; CookÕs influence statistic; ROC Curve. (search for similar items in EconPapers)
Date: 2015
New Economics Papers: this item is included in nep-cse and nep-hrm
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