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Over the last few years, employers have identified having inter-personal/soft-skills (such as teamwork, time management etc.) as an important criteria in the employability of job seekers. Imagine you are one of the members in University of Tasmania's curriculum board. The board is discussing the introduction of a credential program where students will be offered mini units (2-5 hours) that teach them some of the soft skills required in the workplace. Upon completion, each student will get a badge/certificate stating that they have completed the unit, which they can use in their LinkedIn profile. In order to answer the questions below, please use concepts covered in the labour market signaling model.
Required
(a) Outline and explain the conditions that would make the badges/certificates from any such program have any signaling value.
(b) Comment on whether the proposed program has any signaling value. Are there any other reasons for students to do these sorts of units?
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