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Graduate employability in Europe: the role of human capital, institutional reputation and network ties in European graduate labour markets
[journal article]
Abstract The link between higher education and employment is central to the understanding of social stratification and social mobility. We use three theories to analyse the importance of education and credentials in recruitment decisions in European graduate labour markets: human capital (HC), network capita... view more
The link between higher education and employment is central to the understanding of social stratification and social mobility. We use three theories to analyse the importance of education and credentials in recruitment decisions in European graduate labour markets: human capital (HC), network capital (NC) and reputational capital (RC) theory. Latent class modelling was applied to data from over 5,000 European private-sector companies to allow segmentation. The results identify four groups of companies using different HC, NC and RC mixes in the recruitment process. A ‘complementary effect' was found between these forms of capital at the time of recruitment. Company classes, however, vary in their emphasis on different types of capital according to their characteristics. The article further contributes to the literature by exploring how national political economies relate to segmentation patterns, and questioning some of the central tenets of the Varieties of Capitalism literature.... view less
Keywords
Eurobarometer; employability; labor market; human capital; survey; capital; Europe; university level of education; graduate; university; academic
Classification
University Education
Labor Market Research
Free Keywords
graduate labour markets; employer demands; credentials; reputational capital; network capital; Flash Eurobarometer 304 (Employers’ Perception of Graduate Employability) (ZA5447 v1.0.0)
Document language
English
Publication Year
2021
Page/Pages
p. 611-631
Journal
Journal of Education and Work, 34 (2021) 5-6
DOI
https://doi.org/10.1080/13639080.2021.1965969
ISSN
1363-9080
Status
Published Version; peer reviewed
Licence
Creative Commons - Attribution-Noncommercial-No Derivative Works 4.0