MATCHING SKILLS TO CAREERS: THE IMPACT OF HUMAN CAPITAL ON JOB ALIGNMENT IN MALAYSIA

Authors

  • Low, Choon Wei
  • Mah, Pei Yew

DOI:

https://doi.org/10.51200/mjbe.v11i1.5288

Keywords:

job mismatch, human capital, work experience, educational attainment, Malaysia

Abstract

This study examines the impact of human capital factors on job-matching outcomes among Malaysian employees, emphasizing the roles of work experience and educational attainment. Utilizing a logistic regression model, the analysis reveals that both work experience and tertiary education significantly reduce the likelihood of job mismatches. The findings highlight the importance of employers offering adequate rewards, recognition, promotion opportunities, and work-life balance to enhance job satisfaction and retain employees. Additionally, the study underscores the critical role of tertiary education in preparing employees for the evolving demands of the Fourth Industrial Revolution (IR4.0). Despite its contributions, the study acknowledges a limitation in not capturing the specific educational programs studied by employees, suggesting this as a direction for future research.

Author Biographies

Low, Choon Wei

Universiti Tunku Abdul Rahman,
(Kampus Sungai Long) Kajang, Malaysia.

Mah, Pei Yew

Universiti Tunku Abdul Rahman,
(Kampus Kampar) Perak, Malaysia.

References

Azalea Azuar (2022). Job market is facing mismatch of talents rather than unemployment. The Malaysian Reserve. https://themalaysianreserve.com/2022/08/11/job-market-is-facing-mismatch-of-talents-rather-than-unemployment/.

Department of Statistics Malaysia (2022). Labour Force Statistics Report Q3 2022. Putrajaya.

Har, W. M., Kee, X. N., Lee, H. S., & Low, C. W. (2022). Green Economy and Good Governance Towards Income Equality: A Quantile

Analysis. Journal of Sustainability Science and Management, 17(9), 62-74.

Kim, S. J., & Choi, S. O. (2018). The effects of job mismatch on pay, job satisfaction, and performance. Journal of Open Innovation: Technology, Market, and Complexity, 4(4), 49. http://dx.doi.org/10.3390/joitmc40400495.

Lee, W. K. (2022). Cover Story: Mismatch in the job market. The Edge Malaysia. https://theedgemalaysia.com/article/cover-story-mismatch-job-market.

Mateos-Romero, L., & Salinas-Jiménez, M. D. M. (2018). Labor mismatches: Effects on wages and on job satisfaction in 17 OECD countries. Social Indicators Research, 140, 369-391. http://10.1007/s11205-017-1830-y.

Ministry of Higher Education (2022). Graduates Statistics 2021. Putrajaya.

Sweetland, S. R. (1996). Human capital theory: Foundations of a field of inquiry. Review of educational research, 66(3), 341-359.

Veselinovic, L., Mangafic, J., & Turulja, L. (2020). The effect of education-job mismatch on net income: evidence from a developing country. Economic research-Ekonomska istraživanja, 33(1), 2648-2669. https://doi.org/10.1080/1331677X.2020.1723427.

Zhu, R. (2014). The impact of major–job mismatch on college graduates' early career earnings: Evidence from China. Education Economics, 22(5), 511-528. https://doi.org/10.1080/09645292.2012.659009.

Published

2024-06-30 — Updated on 2024-06-30

Versions

How to Cite

Low, Choon Wei, & Mah, Pei Yew. (2024). MATCHING SKILLS TO CAREERS: THE IMPACT OF HUMAN CAPITAL ON JOB ALIGNMENT IN MALAYSIA. Malaysian Journal of Business and Economics (MJBE), 11(1), 21–34. https://doi.org/10.51200/mjbe.v11i1.5288
Total Views: 145 | Total Downloads: 34