Market-oriented job skill valuation with cooperative composition neural network
Open Access
- 31 March 2021
- journal article
- research article
- Published by Springer Nature in Nature Communications
- Vol. 12 (1) , 1-12
Abstract
The value assessment of job skills is important for companies to select and retain the right talent. However, there are few quantitative ways available for this assessment. Therefore, we propose a data-driven solution to assess skill value from a market-oriented perspective. Specifically, we formulate the task of job skill value assessment as a Salary-Skill Value Composition Problem, where each job position is regarded as the composition of a set of required skills attached with the contextual information of jobs, and the job salary is assumed to be jointly influenced by the context-aware value of these skills. Then, we propose an enhanced neural network with cooperative structure, namely Salary-Skill Composition Network (SSCN), to separate the job skills and measure their value based on the massive job postings. Experiments show that SSCN can not only assign meaningful value to job skills, but also outperforms benchmark models for job salary prediction.Keywords
This publication has 23 references indexed in Scilit:
- International Trade, Technology, and the Skill PremiumJournal of Political Economy, 2017
- DeepFM: A Factorization-Machine based Neural Network for CTR Prediction2017
- Deep Residual Learning for Image Recognition2016
- Hierarchical Attention Networks for Document Classification2016
- Trade Liberalization and the Skill Premium: A Local Labor Markets ApproachAmerican Economic Review, 2015
- A conservation of resources perspective on career hurdles and salary attainmentJournal of Vocational Behavior, 2014
- Convolutional Neural Networks for Sentence Classification2014
- Developing generic skills through university study: a study of arts, science and engineering in AustraliaHigher Education, 2010
- Advantages of the mean absolute error (MAE) over the root mean square error (RMSE) in assessing average model performanceClimate Research, 2005
- Skill‐Biased Technological Change and Rising Wage Inequality: Some Problems and PuzzlesJournal of Labor Economics, 2002