JOB MISMATCH – EFFECTS ON WORK PRODUCTIVITY
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Magdalena Velciu: National Research Institute for Labour and Social Protection
SEA - Practical Application of Science, 2017, issue 15, 395-398
Job matching and finding the best person to the right job inside the right company has become one of the most important and actual challenges of productivity. Not only full employment but the match between the employee and the job, in terms of educational level or field of activity, qualifications and skills of workforce; all have been the new gain of work productivity. Present article synthesizes the theoretical and empirical findings on effects of job mismatch by selecting the main findings about influence of job mismatches on work productivity including both employees and companies sides. on short term overeducation and overqualification could have a positive effect on productivity for one company, but on long term, mismatched worker would be affected by decreasing job satisfaction and lower wages. Also, at macroeconomic level, from a perspective of economy as a whole, job mismatches mean a loss of resources and human capital and could have negative effects on overall productivity. The opposite effects stay at the crossing between the employees, companies, policies and future development. In fact the effects of skill mismatch and productivity is a lost of work potential through inefficient resource (re)allocation.
Keywords: Skill and educational mismatch; Work productivity; Human resources (search for similar items in EconPapers)
JEL-codes: J24 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2017:i:15:p:395-398
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