scholarly journals THE RELATIONSHIP BETWEEN EDUCATION, EMPLOYMENT AND INCOME

2020 ◽  
Vol 55 (1) ◽  
pp. 7-21
Author(s):  
LENKA PALAŠČÁKOVÁ

The issue of interrelationships between education, employment and the level of income evaluation is a cross-cutting nature, where the economic, social, political and legal levels are intertwined. Its broader context predicts its thematic coverage. The article presents preliminary results of the mutual relationship between acquired skills and the level of education achieved and the ability of the individual to become involved in the labor market. The aim of the article is to determine, using statistical and analytical methods, the correlation between the employment rate and the level of education attained in the EU countries and within the territory of the Slovak Republic. On the basis of the initial analysis the authors aim to answer the question if university graduates achieve higher incomes than secondary-educated people. Eventually they try to propose solutions and measures that are necessary for increasing the level and value of human capital, especially in the Slovak Republic.

Author(s):  
Nitu Ghosh ◽  
Urmila Itam

The philosophy of employee experience has been advocated as an effective tool to achieve the highest level of employee engagement in a business environment characterized by increased dynamism in workforce demography, psychography, competencies, and expectations. Employee experience encapsulates the overall journey of an employee in an organization from hire to exit, encompassing their experiences, what they feel, do, and achieve from the company. It is a comprehensive view of the relationship shared and experienced between the individual and the organization right from the application stage to stage they join the alumni group after their exit. The chapter explores this new philosophy in current human capital management practices that aims at revamping the HR practices and policies so as to create an experience that provides the highest level of engagement. Based on content analysis qualitative survey of various HR managers, opinions and new age thoughts in HRM practices has been highlighted in this chapter, giving an innovative dimension to HRM.


2018 ◽  
Vol 19 (4) ◽  
pp. 836-855 ◽  
Author(s):  
Ajantha Velayutham ◽  
Asheq Razaur Rahman

Purpose The purpose of this paper is to empirically investigate whether an individual’s knowledge, skills and capabilities (human capital) are reflected in their compensation. Design/methodology/approach Data are drawn from university academics in the Province of Ontario, Canada, earning more than CAD$100,000 per annum. Data on academics human capital are drawn from Research Gate. The authors construct a regression analysis to examine the relationship between human capital and salary. Findings The analyses performed indicates a positive association between academic human capital and academic salaries. Research limitations/implications This study is limited in that it measures an academic’s human capital solely through their research outputs as opposed to also considering their teaching outputs. Continuing research needs to be conducted in different country contexts and using negative proxies of human capital. Practical implications This study will create awareness about the value of human capital and its contribution towards improving organisational structural capital. Social implications The study contributes to the literature on human capital in accounting and business by focussing on the economic relevance of individual level human capital. Originality/value The study contributes to the literature on human capital in accounting and business by focussing on the economic relevance of individual level human capital. It will help create awareness of the importance of valuing human capital at the individual level.


2019 ◽  
Vol 8 (2) ◽  
pp. 75-77
Author(s):  
Zuzana Bajusová ◽  
Jana Ladvenicová ◽  
Tatiana Bullová ◽  
Ľubomír Gurčík

Abstract The increasing consumption of energy, as well as exhaustibility of fossil resources, initiate the necessity of finding renewable resources. Especially biofuels represent the important role in terms of renewable resources, development of which is often question under debate in many countries. By increasing of blending mandate in the European Union (EU), the SR after joining the EU forced to implement the changes in its action plan for renewable energy in transport and set benchmarks share of methyl ester of rapeseed oil in diesel fuel. The aim of the paper is to evaluate the economic impact of biodiesel production in the Slovak republic. At the same time, biofuel production has an impact on the price of conventional fuels. The relationship between biofuel production and prices of agricultural crops as well as conventional fuels we examined through regression and correlation analysis, which showed that between production of biodiesel and the prices indicated exists certain dependency.


2019 ◽  
Vol 27 (1) ◽  
pp. 35-48
Author(s):  
Iuliia A. Stabinskaite

Human capital is an important factor of economic growth, as has been underlined by recent theoretical models. The main goal of this article is to elucidate the relationship between human capital and dynamics of economic growth in the European Union (EU). For the purposes of this article human capital is defined as knowledge, skills as well as other individual factors which lead to higher productivity. Therefore, the greatest attention is focused on the multi-dimensional assessment of human capital in the processes of economic development of the European countries. A detailed evaluation of human capital in the EU is represented at interregional and international levels. Furthermore, author suggests a guidance for designing and planning strategies aimed at sustainable economic development by using the model predictive control algorithms.


1985 ◽  
Vol 24 (3-4) ◽  
pp. 671-683 ◽  
Author(s):  
Shahrukh Rafi Khan ◽  
Mohammad Irfan

This paper is a straightforward exercise in estimating earnings functions and computing the private rates of returns to different levels of education. The latter summarizes the incentives to the individual to invest in human capital formation, while the former helps in ascertaining the influence of both human and non human capital variables on the earnings of the individual. A few studies conducted in the past found the rates of returns to education in Pakistan not in conformity with those of the majority of the developing countries for which such estimates exist. The estimated rates were lower for all levels of education in Pakistan than in the developing world. Moreover, the computed rates of returns had a positive association with the level of education.


Author(s):  
Alison Jones ◽  
Brenda Sufrin

All books in this flagship series contain carefully selected substantial extracts from key cases, legislation, and academic debate, providing able students with a stand-alone resource. This chapter focuses on the private civil enforcement of EU antitrust rules through claims made by private litigants in the national courts and tribunals of the individual Member States. The discussions cover the principle of direct effect and national procedural autonomy; why there has been relatively little antitrust litigation in the EU; the relationship between public and private enforcement; the Commission's policy towards private enforcement, the initiatives it has taken to encourage private litigation, and mechanisms for cooperation between the Commission and national courts; and the obligations of national courts when dealing with cases that raise the issue of whether a contract in violation of Article 101 or Article 102 is enforceable and whether, and if so when, damages and injunctions should be available to remedy such violations.


Author(s):  
Helena Fidlerová ◽  
Martina Porubčinová ◽  
Martin Fero ◽  
Ivana Novotná

Industry 4.0 and its effect on processes and people becomes reality with all organizational and technological complex implications for the future. States around the world including Slovakia face the challenge of defining strategy on how to convert the challenges of Industry 4.0 into competitive advantage. This chapter focuses on Work 4.0 competences development, analyzed in the level of enrichment of the human capital content as well as in the level of labor market polarization. The aim of this chapter is to present opportunities and threats in competence development regarding the concept of Intelligent Industry and discuss sustainable solutions in the context of National Action Plan of Intelligent Industry of Slovak Republic, looking for win-win strategy. The authors analyze differences in competences achieved via education system in Slovakia and expectations of industry. Special attention is given the situation in Slovakia, country-oriented on automotive and with strong cooperation with Germany as innovation leader in European countries, to find strategy within this no zero game.


2020 ◽  
Vol 553 (4) ◽  
pp. 1-8
Author(s):  
Władysław Bogdan Sztyber

The article presents the impact of the level of education on the employment rate of employees in the EU. This relationship is derived, among others from the survey of employment rates of graduates from the last three years aged 20–34 according to the highest education obtained. Another way to study the impact of the level of education on the employment of young people is the employment rate of graduates one year after graduation. The article also notes the impact of the level of education on the transition from school to work. The impact of the level of education on employment is also reflected in the unemployment rate.


2002 ◽  
Vol 36 (1) ◽  
pp. 58-80 ◽  
Author(s):  
April Linton

Does the presence of immigrants help determine the types of jobs that exist in American cities and the size of various sectors of these cities' economies? This study explores the relationship between immigration and labor market demand in U.S. metropolitan areas. I employ information about the occupational distribution of recent immigrants as compared to natives to analyze the circumstances under which the two groups are more likely to compete with or complement each other. The findings lend qualified support to Light and Rosenstein's (1995) specific demand hypothesis: many immigrants fill occupational niches that would not exist in their absence. The strength of this conclusion is contingent on city size and immigrants' level of education.


This chapter begins with a discussion on the paradigm of the centrality of the learner-student to every educational endeavor by highlighting the relationship between learners and teachers and the connections that exist between classroom learning, lifelong learning, and economic development of the individual learner. The two-fold purpose of teaching, at any level of education, is to ensure that all learners learn how to acquire knowledge and then attain the understanding of how to apply what is learned to their own lives outside of the classroom. In Section 1, the literature review highlights the concepts and connections between ‘becoming aware' and self-directed learning. Section 2 gives an in-depth look at integrated curriculum, noting the principles, methods, benefits, and types of integrated curriculum; making connections between learning and life skills; and negotiating class-room content with life outside of school.


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