Question

Employers often list a 4-year college degree as a requirement for those applying for certain jobs. Is this practice consistent with the screening explanation for education, the human capital story, both, or neither? Explain.

Answer 1

Human capital is a load of propensities, information, social and character characteristics (counting innovativeness) epitomized in the capacity to perform work in order to deliver monetary worth.

Human capital is interesting and varies from some other capital. It is required for organizations to accomplish objectives, create and stay imaginative. Organizations can put resources into human capital for instance through instruction and preparing to empower improved degrees of value and creation.

Human capital hypothesis is firmly connected with the investigation of HR the executives as found in the act of business organization and macroeconomics.

Screening is one of the primary procedures for battling antagonistic choice.

Keeping the minimum qualification to apply for job as 4-year college degree is not consistent with the screening explanation for education, the human capital story as it is the necessary requirement but not the sufficient requirement, in order to properly analyze a candidate companies need to get rid of standardized screening tests and in fact try to test the analytical ability to solve problem in real-time, emotional intelligence, intellectual pursuit, by employing this strategy, companies can get detailed comprehensive information about the candidate’s personality which eventually would help the company and candidate in the long run.