Quadratic Model for Assessing the Impact of Covid-19 on the HR Soft Skills

Mohammad Alamarat, Oleh Sokil, Nazar Podolchak, Olena Bilyk and Natalia Tsygylyk

Economic Studies journal, 2024, issue 3, 181-198

Abstract: This article presents a quadratic model to evaluate the impact of COVID-19 on HR soft skills. The pandemic has disrupted the global workforce, necessitating an examination of the effects on communication, collaboration, and adaptability. The model calculates the outcomes and underscores the importance of dedicating resources to the updating of soft skills taking into account remote work, the process of digital transformation nowadays, and shifting job requirements during COVID times. The findings inform policymakers, HR professionals, and organizations in addressing COVID-19 challenges. By understanding the economic implications, organizations can adapt recruitment, training, and talent management strategies for long-term sustainability and growth. This model contributes to existing literature and aids decision-making for a skilled and resilient workforce in a post-pandemic era.

JEL-codes: I18 J24 J63 J82 M12 O15 (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:bas:econst:y:2024:i:3:p:181-198

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