WAGE PROGRESSION OF LOW-EDUCATED WORKERS
What is the role of soft skills?
In this paper we explore a potential channel to foster social and income mobility, namely the “good jobs” channel. A good job is one that provides workers, even those with low education, with favorable prospects for tenure, pay progression and promotion within the firm.
What are the characteristics of these jobs? Soft skills have been emphasised as increasingly important. When we look at workers in occupations that do not require any formal level of education we indeed see that pay progression is stronger in occupations where soft skills are important.