Skill Networks and Measures of Complex Human Capital
Resource Summary: This National Academy of Sciences study aims to use a network-based method for measuring worker skills, using data from an online freelance website. The study shows that workers with diverse skills earn higher wages than those with more specialized skills. The researchers distinguish between two different types of workers : jacks-of-all-trades, whose skills can be applied independently on a wide range of jobs, and synergistic workers, whose skills are useful in combination and fill a hole in the labor market.
Change Forces
- Changing Demographics
- Competition for Specialized Skills
- Workforce Evolution
Needs
- New Skills
- Operations Focus
- Shifting Responsibilities
Strategies
- Workforce Planning
- Professional Development