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Polish Graduate Students Financial Expectations Analysis with Human Capital Model – Comparative Analysis with other Countries

Dawid Lahutta
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Dawid Lahutta: Lublin University of Technology, Poland

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Abstract: The article covers the issue of salaries for university graduates, which is crucial especially from the labour market and social point of view. In the first part of the article, the author attempts to use the human capital model to determine and estimate rewarding received by university graduates. A special emphasis is put on experience, which is a crucial factor, strongly influencing the chance of finding an appropriate employment. Another factors, such as a capital resulting from experience, human capital, and intellectual capital of graduates were also calculated to determine above-mentioned salaries. The valuation of human capital is acknowledged to be fundamental, when it comes to arranging a fair reward. The theoretical and model description of reality is compared to the results of a survey conducted among students in their final year of studies. The survey included questions about financial expectations in their first job after the graduation. Results were set together with similar data about salaries in other countries to determine how the human capital is valued in Poland, compared to other countries. The article is ended with conclusions concerning conducted analysis and comparisons and the position of the university graduate on sometimes crude reality of the labour market.

Keywords: graduates financial expectations; intellectual capital; university graduates on the labour market; graduates salaries; human capital model; survey; comparative analysis (search for similar items in EconPapers)
Date: 2016
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