THE EFFECT OF PERSONALITY TRAITS ON LABOUR MARKET SUCCESS

Abstract

Purpose: The purpose of this thesis is to investigate the relationship between personality factors and labour market success. Methodology: The empirical data used for this study was collected from the SOM (Society, Opinion, Media)-institute’s yearly national survey 2012 containing a structured questionnaire. Theoretical framework: Theories used in the analysis and construction of the theoretical model are; the Big Five theory, Human Capital Theory and Social Capital Theory. Analysis and conclusion: The result shows that the personality trait most related to income is neuroticism, which was shown to have a negative relation to income. Indicating that neuroticism is negative for career success. Human capital is shown to have a mediating role for personality traits’ relation to income. This study’s result and implications will hopefully be of importance for employers, employees and policymakers in the labour market.