engleski

The Socio-Economic Costs of Underemployment

The paper addresses the global challenge of the growing rate of underemployment and its socio- economic costs. The purpose of the paper is to stress the relevance of studying and measuring underemployment in order to reach better performance outcomes both on micro- and macroeconomic level. The research gives insight into the complex concept of underemployment, its causes and effects. The aim of the empirical part of the paper is to make an introductory analysis of the relation between the time-related underemployment and employee engagement data as an input for future more complex research of its correlation. The results of the research indicate that dealing with the hidden costs of underemployment is a path to higher performance on individual, organizational and national level.

skill-related underemployment ; time-related underemployment ; inadequate employment situations ; performance outcomes ; socio-economic costs ; labour underutilisation

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