Table 3. The effect of human capital,... | Emerald Publishing

Table 3.

The effect of human capital, training practices and national cultural values on workers’ perceived employability: hierarchical linear model estimations

Variable	Estimate	SE	z-statistic	p-value
Fixed effects
Intercept	3.195***	0.182	17.576	0.000
Level 1 – individual level: human capital and training practices
Gender	−0.097***	0.016	−5.917	0.000
Age	−0.002***	0.000	−7.353	0.000
Education level	0.098***	0.011	8.341	0.000
Work experience in the current organization	−0.030***	0.001	−32.934	0.000
Training activities paid for by the employer	0.137***	0.020	6.941	0.000
Training activities paid for by the worker	0.159***	0.034	4.624	0.000
On-the-job training	0.008	0.020	0.424	0.671
Level 2 – country level: National cultural values
Masculinity	−0.003	0.002	−1.565	0.118
Uncertainty avoidance	−0.007**	0.002	−3.167	0.002
Goodness of fit measures
Marginal R²	0.093
p-value	<0.001
Root mean squared error (RMSE)	1.339
R-Squared	0.5239
Adjusted R-squared	0.5235

Variable	Estimate	SE	z-statistic	p-value
Fixed effects
Intercept	3.195***	0.182	17.576	0.000
Level 1 – individual level: human capital and training practices
Gender	−0.097***	0.016	−5.917	0.000
Age	−0.002***	0.000	−7.353	0.000
Education level	0.098***	0.011	8.341	0.000
Work experience in the current organization	−0.030***	0.001	−32.934	0.000
Training activities paid for by the employer	0.137***	0.020	6.941	0.000
Training activities paid for by the worker	0.159***	0.034	4.624	0.000
On-the-job training	0.008	0.020	0.424	0.671
Level 2 – country level: National cultural values
Masculinity	−0.003	0.002	−1.565	0.118
Uncertainty avoidance	−0.007**	0.002	−3.167	0.002
Goodness of fit measures
Marginal R²	0.093
p-value	<0.001
Root mean squared error (RMSE)	1.339
R-Squared	0.5239
Adjusted R-squared	0.5235

Notes:

*p < 0.05; **p < 0.01; ***p < 0.001; N = 26,555

Source: Authors’ own work