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What do employers pay for employees’ complex problem solving skills?

Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet

Standard

What do employers pay for employees’ complex problem solving skills? / Ederer, Peer; Nedelkoska, Ljubica; Patt, Alexander et al.
in: International Journal of Lifelong Education, Jahrgang 34, Nr. 4, 04.07.2015, S. 430-447.

Publikation: Beiträge in Zeitschriften › Zeitschriftenaufsätze › Forschung › begutachtet

Harvard

Ederer, P, Nedelkoska, L, Patt, A & Castellazzi, S 2015, 'What do employers pay for employees’ complex problem solving skills?', International Journal of Lifelong Education, Jg. 34, Nr. 4, S. 430-447. https://doi.org/10.1080/02601370.2015.1060026

APA

Ederer, P., Nedelkoska, L., Patt, A., & Castellazzi, S. (2015). What do employers pay for employees’ complex problem solving skills? International Journal of Lifelong Education, 34(4), 430-447. https://doi.org/10.1080/02601370.2015.1060026

Vancouver

Ederer P, Nedelkoska L, Patt A, Castellazzi S. What do employers pay for employees’ complex problem solving skills? International Journal of Lifelong Education. 2015 Jul 4;34(4):430-447. doi: 10.1080/02601370.2015.1060026

Bibtex

@article{3f390a45a986481cb20c54be70af4a9c,
title = "What do employers pay for employees{\textquoteright} complex problem solving skills?",
abstract = "We estimate the market value that employers assign to the complex problem solving (CPS) skills of their employees, using individual-level Mincer-style wage regressions. For the purpose of the study, we collected new and unique data using psychometric measures of CPS and an extensive background questionnaire on employees{\textquoteright} personal and work history. The data were collected in 16 firms (23 establishments) in Germany, Spain, South Africa, Denmark, Slovakia, Switzerland, and France in the period 2012–2014. We find significant economic returns to CPS in our sample. One standard deviation higher CPS is associated with 10–20% higher hourly wages. The returns to CPS are sizeable even after controlling for fluid intelligence, suggesting that CPS probably captures skills important for modern production that are beyond what general intelligence tests can measure.",
keywords = "complex problem solving skills, returns to skills, wages, Educational science",
author = "Peer Ederer and Ljubica Nedelkoska and Alexander Patt and Silvia Castellazzi",
year = "2015",
month = jul,
day = "4",
doi = "10.1080/02601370.2015.1060026",
language = "English",
volume = "34",
pages = "430--447",
journal = "International Journal of Lifelong Education",
issn = "0260-1370",
publisher = "Routledge Taylor & Francis Group",
number = "4",

}

RIS

TY - JOUR

T1 - What do employers pay for employees’ complex problem solving skills?

AU - Ederer, Peer

AU - Nedelkoska, Ljubica

AU - Patt, Alexander

AU - Castellazzi, Silvia

PY - 2015/7/4

Y1 - 2015/7/4

N2 - We estimate the market value that employers assign to the complex problem solving (CPS) skills of their employees, using individual-level Mincer-style wage regressions. For the purpose of the study, we collected new and unique data using psychometric measures of CPS and an extensive background questionnaire on employees’ personal and work history. The data were collected in 16 firms (23 establishments) in Germany, Spain, South Africa, Denmark, Slovakia, Switzerland, and France in the period 2012–2014. We find significant economic returns to CPS in our sample. One standard deviation higher CPS is associated with 10–20% higher hourly wages. The returns to CPS are sizeable even after controlling for fluid intelligence, suggesting that CPS probably captures skills important for modern production that are beyond what general intelligence tests can measure.

AB - We estimate the market value that employers assign to the complex problem solving (CPS) skills of their employees, using individual-level Mincer-style wage regressions. For the purpose of the study, we collected new and unique data using psychometric measures of CPS and an extensive background questionnaire on employees’ personal and work history. The data were collected in 16 firms (23 establishments) in Germany, Spain, South Africa, Denmark, Slovakia, Switzerland, and France in the period 2012–2014. We find significant economic returns to CPS in our sample. One standard deviation higher CPS is associated with 10–20% higher hourly wages. The returns to CPS are sizeable even after controlling for fluid intelligence, suggesting that CPS probably captures skills important for modern production that are beyond what general intelligence tests can measure.

KW - complex problem solving skills

KW - returns to skills

KW - wages

KW - Educational science

UR - http://www.scopus.com/inward/record.url?scp=84942809483&partnerID=8YFLogxK

U2 - 10.1080/02601370.2015.1060026

DO - 10.1080/02601370.2015.1060026

M3 - Journal articles

AN - SCOPUS:84942809483

VL - 34

SP - 430

EP - 447

JO - International Journal of Lifelong Education

JF - International Journal of Lifelong Education

SN - 0260-1370

IS - 4

ER -

DOI