Manager's Perception of Skills Mismatch in Spanish Companies

16 Pages Posted: 14 Dec 2014

See all articles by Lourdes Susaeta

Lourdes Susaeta

University of Navarra, IESE Business School

Paula Apascaritei

University of Navarra, IESE Business School

José Ramón Pin Arboledas

University of Navarra, IESE Business School

Date Written: October 2013

Abstract

This paper addresses the problem of skills mismatch for the 16-24 age cohort in Spain. Our research objective is to survey managers of companies that operate in Spain and reveal their perception of the mismatch phenomenon. We hypothesize that "cherry-picking" the most talented workers and "crowding-out" the less skilled workers has contributed to the existence of skills mismatch. Our prediction was confirmed by our survey results and by other qualitative responses of business managers. We found evidence of overqualification and talent underutilization in Spanish organizations. Public policy measures should be taken to reduce this skills gap especially in the following directions: improving access to vocational education, offering career counseling and entrepreneurship education in schools and implementing an industrial model that would attract foreign investment in Spain.

Keywords: Talent management, Skills mismatch, Spanish youth

Suggested Citation

Susaeta, Lourdes and Apascaritei, Paula and Pin Arboledas, José Ramón, Manager's Perception of Skills Mismatch in Spanish Companies (October 2013). IESE Business School Working Paper No. WP-1080-E, Available at SSRN: https://ssrn.com/abstract=2537626 or http://dx.doi.org/10.2139/ssrn.2537626

Lourdes Susaeta (Contact Author)

University of Navarra, IESE Business School ( email )

Camino del Cerro del Aguila 3
Madrid, 28023
Spain

Paula Apascaritei

University of Navarra, IESE Business School

Avenida Pearson 21
Barcelona, 08034
Spain

José Ramón Pin Arboledas

University of Navarra, IESE Business School

Avenida Pearson 21
Barcelona, 08034
Spain

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