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Home > QFINANCE Dictionary > Definition of employability

Definition of

employability

HR & Personnel

possession of useful skills the potential for obtaining and keeping fulfilling work through the development of skills that are transferable from one employer to another. Employability is affected by market demand for a particular set of skills and by personal circumstances. Employees may take responsibility for developing their own employability through learning and training, or, as part of the psychological contract, employers may assist their employees in enhancing their employability. An important factor in employability is the concept of learning throughout life.

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Definitions of ’employability’ and meaning of ’employability’ are from the book publication, QFINANCE – The Ultimate Resource, © 2009 Bloomsbury Information Ltd. Find definitions for ’employability’ and other financial terms with our online QFINANCE Financial Dictionary.

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