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The interrelation between career education and the costs of selection, training and adaptation of employees

Author

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  • Yordan Ivanov

    (University of Economics - Varna)

Abstract

The dynamics of socioeconomic processes in recent years has posed to people a seriousissue caused by the lack of capabilities for adaptation to the new reality. The changein the requirements towards the workers and administrative staff caused by the rapid developmentof technology, as well as that after the economic crisis of 2008, has put on theagenda the questions of raising the level of "career education" among people aimed atimproving the skills for adaptability under the turbulent changes on the labour market inrecent years.That is why the present publication is dedicated to the search for correlation of thelevel of preparation of the people leaving educational institutions for successful realizationon the labour market, and the costs, which the organizations incur on the selection,training and adaptation of their employees. The main proposition is that the purposefuleffort and the purposeful spending of resources in career education in the secondary andhigher schools would improve the quality of the professional realization of individuals (inits various dimensions and benefits: from the viewpoint of the individual, the employerand society respectively).

Suggested Citation

  • Yordan Ivanov, 2014. "The interrelation between career education and the costs of selection, training and adaptation of employees," An Annual Book of University of Economics - Varna, University of Economics - Varna, vol. 85(1), pages 152-213, January.
  • Handle: RePEc:vrn:yrbook:y:2014:i:1:p:152-213
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    More about this item

    Keywords

    career education; selection; training; adaptation; employees;
    All these keywords.

    JEL classification:

    • J24 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Human Capital; Skills; Occupational Choice; Labor Productivity

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