The job portal can
do online tracking, matching of candidates and employers looking for job
applicants.
Employed a person gainfully that commensurate with his skillsets and experience - will bring higher productivity to the company and to the Economy.
Eg. if a person possess the skillsets and knowledge to win and implement a $30 million project, the company and the Economy will gain a positive Economy Output of $30 million.
However if he is underemployed and is given a job that bring $1 million to $2 million project, then it is no longer productive to the company and to the Economy - because it bring a net loss of $30 million - $2 million = $28 million as Economic Output.
This is "Deductivity" and not "Productivity" - being under-employed and did not exploit and maximise his full potential.
What is worst if the person can contribute in a National level that can run into $
multi-million or even $ billion - either through savings or through new initiatives that boost the Economy.
Being unemployed are translated into "Double Negative Deductivity" - where there are no Economic Output to the Economy and no salary to the unemployed.
No comments:
Post a Comment