Научные исследования экономического факультета. Электронный журнал.

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A110ANCEAC100CMSCOVID-19COVID-19.Clusters as a Mechanisms of Governance Discrete Structural AlternativeD210D230D240D330D43Digital economyDynaCont-IIEconomic Policy KnotsFamily Violence against Women in Modern RussiaH110K130K21K23K32L11L190L290L310L41L51Market Development and Political EconomyModeling of Development Indicators for Russian Energy Resources MarketsN700O19O330O340O43Opening Address of the Editor-in-ChiefQ330Q51Q55Q56Q57Q58Relevant Aspects of Determination of Efficiency and Effectiveness of Marketing DepartmentSQLScientific Research of Faculty of Economics. Electronic Journal. 2020. Volume 12.Scientific Research of Faculty of Economics. Electronic Journal. 2021.Volume 13Scientific researches of faculty of economics. Electronic journal.Site newsSpecific of Mergers and Acquisitions in Russian Federation. Management ApproachUTFagri-food exportantitrust policyartificial intelligencebig databrand position-ingbrand valueclustercompany’s strategycompetition policyconscious consumptiondmoeconomic growtheconomic theoryeffectivenessefficiencyenvironmental economicsethical consumptionexchange rateexport restrictionsfamily violencefiscal policygendergeneration Ygeneration Z.hybridinflationinstitutional arrangementslabor marketmachine learningmarket concentration.market developmentmarketing budgetmonetary policynational economic modelpolitical economyprojectsquotationregulationregulatory impact assessmentsocio-demographic characteristicstariff regulationtaxi services marketантимонопольная политикаинтеллектуальный капиталискусственный интеллектмашинное обучениеметодологияполитическая экономияцифровая экономика20092010

Olga A. Ivanova Workers with Specialized or Universal Skills: Who are most Successful on the Domestic Labor Market?

Olga A. Ivanova Workers with Specialized or Universal Skills: Who are most Successful on the Domestic Labor Market? // Scientific Research of Faculty of Economics. Electronic Journal. 2019. Volume 11. Issue 1. P. 62-75

Abstract

This study examines the impact of professional specialization on career outcomes within the organization. The internal labor market creates favorable conditions for generalists, professionals with diverse experience: reduced information asymmetry about worker’s abilities suppress the influence of observable attributes, while diverse experience fosters knowledge breadth, cognitive complexity, and heterogeneous contracts within an organization necessary for the successful performance at senior managerial levels. Moreover, proximity to the organizational core provides access to important information and visibility, which increases promotion chances. Combining classical career models in the internal labor market with insights from modern research in human and social capital, the author offers an original model of the interaction between vertical, horizontal and radial labor mobility and demonstrates the mechanisms behind various career trajectories.

Key words: intrafirm labor mobility, job rotations, career, specialization, internal labor markets.

JEL codes: J240, J410, J620.