Abstract:
The education/skills mismatch has profound impact on individual workers,
organization, and on overall national economy. It potentially affects the
involvement level of workers into job related tasks. Such low level of
involvement negatively affects the overall productivity of the firm. Consequently,
the affect is passed through the industries and influence the national labor yield.
The mismatch of Education/skills of business graduates and job requirements has
significant impact upon wages and job satisfaction. Employees whose
education/skills are not matched with their jobs earn less than those whose
education/skills matches. On the other side, if the skills of employee are not
optimally utilized then he would feel less satisfied than those whose
education/skills are optimally utilized. Technological advancement is another
factor that contributes to causes of such mismatch phenomenon. All these factors
require attention of policy maker of country as well as universities should also
provide updated information and curriculum to graduates so that they could meet
with the demand of the labor market.
