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current and future value of human capital: predictors of reemployment compensation following a job loss
Author(s) -
Gowan Mary A.,
Lepak David
Publication year - 2007
Publication title -
journal of employment counseling
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.252
H-Index - 27
eISSN - 2161-1920
pISSN - 0022-0787
DOI - 10.1002/j.2161-1920.2007.tb00032.x
Subject(s) - salary , human capital , compensation (psychology) , psychology , job loss , capital (architecture) , value (mathematics) , labour economics , demographic economics , social psychology , economics , unemployment , statistics , economic growth , mathematics , archaeology , market economy , history
The authors examined the relationship between an individual's human capital profile—knowledge, skills, abilities, and other characteristics—and compensation before and after a job loss. The results of this study show that the types of human capital that predicted pre‐job‐loss salary differ from the types that predict reemployment salary. The findings provide guidance for developing human capital profiles that include general as well as specific types of training to enhance marketability following a job loss.