Youth satisfaction with the employment: a survey

Economic Annals-ХХI: Volume 166, Issue 7-8, Pages: 96-99

Citation information:
Petrashchak, O., Kolosinskyi, Ie., Kolosinska, M., & Marych, M. (2017). Youth satisfaction with the employment: a survey. Economic Annals-XXI, 166(7-8), 96-99. doi: https://doi.org/10.21003/ea.V166-19

Oksana Petrashchak
PhD (Economics),
Yuriy Fedkovych Chernivtsi National University
2 Kotsyubynsky Str., Chernivtsi, 58012, Ukraine
petrashchak.oksana@gmail.com
ORCID ID: http://orcid.org/0000-0001-7945-0300

Ievgen Kolosinskyi
PhD (Economics),
Associate Professor,
Chernivtsi Trade and Economics Institute of Kyiv National Trade and Economics University
7 Tsentralna Sq., Chernivtsi, 58002, Ukraine
safe_cv@ukr.net
ORCID ID: http://orcid.org/0000-0001-9653-7598

Mariana Kolosinska
PhD (Economics),
Yuriy Fedkovych Chernivtsi National University
2 Kotsyubynsky Str., Chernivtsi, 58012, Ukraine
m.kolosinska@chnu.edu.ua
ORCID ID: http://orcid.org/0000-0003-1544-1100

Maksym Marych
PhD (Economics),
Yuriy Fedkovych Chernivtsi National University
2 Kotsyubynsky Str., Chernivtsi, 58012, Ukraine
maxmarych1987@gmail.com
ORCID ID: http://orcid.org/0000-0002-5400-0503

Youth satisfaction with the employment: a survey

Abstract. Socialization is unalienable from the economic growth thus precluding management of the social interactions within economic activities. The purpose of the research is to find out whether social factors prevail among other factors in contemporary development of the youth-oriented values to create the basis for effective human capital management. With this regard, a survey was conducted among 253 employees aged 18-29 at the 54 enterprises of different sectors in Chernivtsi region of Ukraine in December, 2015 aimed at analysing the ways to satisfy the youth in the employment sphere.

Factors behind de-motivation of young employees were studied: the absence of the economic and social interest in outcomes due to the inadequate pay rate that lowers the work productivity; unemployment; conflicts; unfavourable working conditions and professional development; formalism of the negotiation of the collective agreement; poor work relationships that levels the collective and individual responsibility for collective results.

The most powerful leverages that activate the working behaviour of young people towards productivity growth are: employment stability; financial rewards; comfortable working environment; favourable working conditions and professional development.

Mistakes as to the motivational stimuli were uncovered: exaggeration of the influence of such factors as discipline control, professional development on the job activity evaluation and the underestimation of such factors as job stability, pay rate increase.

Keywords: Work Productivity; Job Stimuli; Socialization; Human Resources; Values of Youth

JEL Classification: J24; J53; J81

DOI: https://doi.org/10.21003/ea.V166-19

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Received 11.05.2017