Analysing The Role Of Employability In Competence Development And Career Success

Abstract

The goal of the current study is to understand how competency development, employability, and professional success are related. In order to do this, we tested a model that identifies relationships between employee participation in competency development initiatives, perceived support for competency development, self-perceived employability, and two indicators of subjective career success (i.e., career satisfaction and perceived marketability). A large financial services company's sample of 651 employees were the subjects of a study. The findings are consistent with the hypothesis that worker views of employability are positively correlated with employee participation in competency development activities and perceived support for competency development. Also, it found that self-reported employability was positively correlated with perceived marketability and job happiness. The association between involvement in competency development projects and perceived marketability and career fulfilment was shown to be fully mediated, whereas the relationship between perceived support for competency development and career satisfaction was found to be partially mediated. The findings' significance for comprehending how people and organisations might influence subjective career success are examined.