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Business: Theory and Practice
The current paper aims to analyse the importance of values of young employees now and in five years period. In order to achieve the aim, the questionnaire consisting of fifty statements was developed and disseminated between the Latvian students. The sample size was 392, which shows that the results represent the whole populations. For data processing, factor analysis was chosen as a tool. The data factorability was assessed via Bartlett’s Test of Sphericity, Kaiser-Myer-Olkin (KMO) statistic, initial estimates of communality and the anti-image correlation matrix. The factors were extracted via principal axis factoring (PAF). The number of factors was determined by the scree plot/Kaiser’s rule and was equal to five in both cases. The results showed the for the young employees the essential values today are those connected to the personality trait. However, in five years, the essential values would be those that are linked to professional development.
Routledge eBooks, 2023
In this chapter, we present the empirical study about workplace-related values and motivational factors with a special focus on Generation Z. The nature of work has changed over the last decades. With Gen Z entering the workforce in large numbers, everything about work and business is changing because their work-related needs and values are different. Understanding individuals' work values and motivating factors would help organisations to gain insight into what motivates their workers and create work environments that will enable their employees to be more productive. This empirical investigation aims to create a new instrument for measuring motivating factors and work values by updating the Minnesota Importance Questionnaire by adding new items related to the contemporary workplace and to test it in the selected European countries Poland, Latvia, and Portugal (n = 1195). Exploratory factor analysis found seven workplace-related value dimensions: achievement, supervision, comfort, altruism, independence, excitement, and technologies. Our results show that the traditional work-related values of the four studied generations are similar. Only three out of seven values are impacted by generation-independence is more important for older generations, while excitement and technologies are more important for younger generations. 4.1 The need for understanding workplace values Alongside the continuing changing nature of work in the 21st century [1], organisations need to integrate four generations of employees in the workplace [2]. HR professionals (e.g., SHRM, Deloitte) are expressing concern that the needs and expectations of younger generations of employees differ, and therefore, talent acquisition becomes one of the main challenges of the future [3]. Because a high-quality workforce is the most important determinant of business success, these challenges have a direct influence on organisations' competitiveness both today and in the future.
Scientific Bulletin of Mukachevo State University Series “Economics”
This study is relevant because the main components of the employer's brand and their priority for Generation Z have not been investigated in the academic field. In addition, there is no information about the most attractive employer companies whose value proposition is a reference for young people. The purpose of the study was to analyse the main components of the employer's value proposition and systemise them. The basis of the study is an expert survey of the audience of Generation Z (born in 1997-2012) using the Google Form online tool and analysis in Microsoft Excel software. The monographic method and the method of theoretical generalisation were used to search for the components of the value proposition, the system method – for their systematisation, and the method of expert assessments – for prioritisation. Visualisation of theoretical and practical results was created using the graphical method. It is customary to divide the components of the company's value prop...
SOCIETY. INTEGRATION. EDUCATION. Proceedings of the International Scientific Conference, 2019
The article dealt with one aspect of the professional growth basic elements. The issue of the Estonian Youth Centers youth workers´ professionality has been relevant for many years, as employees often exchange. Expectations for youth work as a promotion of non-formal education are high. There is no research that explained the issues related to the youth workers professional growth, including personal factors. The theoretical framework of the research created Ruohotie, Tamm, Clarke and Hollingsworth concepts of professional growth. The purpose of this research was brought to the light youth work specialists´ opinions about the personal factors of the professional growth. For qualitative data collection semi-structed interviews were conducted with 35 Estonian youth work specialists in 2016-2018. The results showed that in eight key-topics important opinions were received. Most attention should be given further to the youth workers´ internal motivation, treatment and professional ident...
Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis, 2017
This contribution presents the research conducted at Charles University in Prague in comparison with the Mendel University in Brno. The focus is on selected aspects of values which might correspond to future job market success and also presupposed value differences of students. This innovative approach is trying to show the characteristics of young students reflecting their values, socialization and attitudes. The main aim is to analyze the differences in these two student bodies' samples with the focus on values and attitudes of future managers and business experts. The questions under focus include topics such as 1. Are students different in values because they study different field of study or are they very similar because they belong to the same age cohort? 2. Is the group of economic students homogeneous or are there big differences in value orientation? 3. Can we use this knowledge to improve educational management and prepare students successfully for their future careers? The results showed that the students of the FBE in Brno are less liberal in comparison with students of the FH from Prague. These students come from families with similar level of educational background of parents but their opinion on ideal society, where they would like to live in, is different. It seems that economic students are more diversified as there are gender differences regarding the ideal society image.
The purpose of this paper is to understand how Gen Y in organizations rated work values that were important to them. In order to know the Gen Y employees better who amounts to 65% of Indian population it becomes necessary to understand their work values. A total of 212 employees from IT companies in Bangalore and Mysore were selected for the study who were in the age group of 22 to 36 years of age. For this study, a 38item scale was adapted from an existing work values instrument (Lyon, 2004). Findings shows that Gen Y employees rated social factors as the most important (with a mean rating of 3.77) work value , followed by intrinsic (3.70), freedom (3.69), altruism (3.67), status (3.51), and extrinsic (3.50) work values.By understanding the work values of generation Y employees helps organizations to manage generation Y effectively and design strategies for successfully recruiting, motivating and retaining them.
Psychological Research, vol. 22, No 3, 641-656, ISSN 0205-0617 (Print), ISSN 2367-9174 (Online), 2019
In our study we have focused our attention on the personal values as this factor influences the way how the managers will decide and act in enterprises. We particularly emphasised the question of evaluation of the values in the lives of the Slovene top and middle-level managers. These values are also in connection with the activities in the enterprise or any other organisation. In the study we included 150 participants from different small and middle-size Slovene enterprises. The obtained data was processed with SPSS 16.0 and the descriptive statistics and variances analysis data processing statistic methods were used to analyse them. We have established that the managers from all kinds of enterprises highly valued the family and partnership values, as well as the following values: equality (equal opportunities for all), inner harmony (self-consciousness), freedom (to think and act as one wishes), the feeling of belonging (the feeling that we mean something to other people), and peace.
Economics & Sociology
The aim of this study is to evaluate the generational values of Ukrainian generation Y on the basis of evaluation, comparison and analysis of the generational values' structure of the senior school pupils and students, using M. Rokeach's approach. In the questionnaire which was conducted during October-December 2016 in Kharkiv (Ukraine), two groups of respondents took part: senior pupils of the Kharkiv gymnasium #47 and students of the Simon Kuznets Kharkiv National University of Economics. As a result of the research, it was established that the dominant values in life of Ukrainian generation Y are family values (family creation, procreation, and care for parents). This generation is also focused on achieving significant success in business, self-development, career growth and goals achievement. The results of the study on the structure of values of generation Y will make it possible to develop recommendations concerning the adaptation of personnel management systems in accordance with the values' profile of this generation that is now becoming part of adult population in Ukraine.
The Universal Academic Research Journal, 2024
Values are a set of principles that guide human life. Their importance can vary from one person to another. Schwartzs concept of value is defined as guiding principles in the lives of individuala and other social formations. These include liberty, equality, and environmental protection. Schwartz created 10 basic value groups thought to have universal characteristics. The aforementioned values are divided into the following groups: self-direction, universality, benevolence, stimulation, hedonism, achievement, power, security, conformity, and tradition. According to Schwartz, spiritual values in individuals are associated with the dimensions of universality, benevolence, self-direction, and self-transcendence. At the same time, it seems that spirituality overlaps with the values of tradition and conformity, which are closely related to religiosity. In contrast, personality refers to a set of unique, consistent, and enduring characteristics in individuals, encompassing their emotions, thoughts, and behaviors. McCrae and Costa posit that personality traits are grouped under five dimensions: extraversion, agreeableness, neuroticism, conscientiousness, and openness to experience. Some personality theories posit that spirituality is a part of personality. In this resgard, personality and spirituality are closely related. The principal objective of this research is to ascertain whether the personality dimensions extraversion, agreeableness, neuroticism, conscientiousness, and openness to experience predict values pertaining to security, power, benevolence, stimulation, traditionalism, hedonism, universalism, self-direction, achievement, and conformity. To this end, a multiple regression model incorporating these variables was constructed and subjected to testing in this study. The study group consisted of 308 high school students studying in Niğde in the 2021-2022 academic year. The study population comprised 173 women (56.2%) and 135 men (43.8%). The ages of the study population ranged from 14 to 18 years (mean age = 16.39; standard deviation = 0.87). The results of the regression analysis indicated that personality dimensions predicted the values.
A new generation of employees is entering the workforce with new values and preferences toward work. The ways in which these expectations will affect the processes and methods that organizations attract and retain these employees, is an increasingly popular discussion among (HR) managers as they try to understand generational differences among new, younger employees. It is believed that today’s young people belong to the Millennial Generation (born 1981-2000), and many studies have confirmed the existence of their most important common characteristics, preferences and expectations toward work and life in general. But the question that arises is: Do all the young people sharing this birth age belong to this generation, no matter of the specifics of the national socio-political and historical background and individual socio-demographics? Therefore, the aim of this research paper is to investigate the work values and preferences of the Macedonian young generation in comparison to the available findings describing the Millennial Generation. For this study a combined approach of quantitative and qualitative research techniques is used. The research results can contribute to the human resource management practice and scientific literature.
It is known that the Generation Z's, whose was born after 2000, character and mindsets are different according to previous generations. The generation Z who will participate or participated in the labor force shortly before, their expectations are different from other employees. Increasing workplace flexibility are more like work-life balance and career-oriented work faster. This study is to determine how the work perception of Generation Z. For the measurement of work perception, it is utilized the scale of organizational behavior Minnesota job satisfaction scale, personality inventory scales, at the same time it is planned to create a new scale. This study was carried out with 276 university students. In the analysis of the obtained data, it was used to chi-square test and ANOVA analysis.
SHS Web of Conferences
The determination of individual values is the first step in the process of the personal development. Thus, the main purpose of this research is to investigate the difference between value hierarchies of Riga students and rural students and their subjective opinions about factors affecting them and compare the results with the values of previous generations. It is a pilot study with a comparative cross-sectional design. The study was carried out in several schools of Latvia in 2018: 2 schools of Riga and 2 rural schools of Vidzeme region. Participants were 11th and 12th grade students: 50 from Riga, 50 from rural schools. The research of values was based on the M. Rokeach value ranking test. It is found that the individual hierarchies of values in one group context differ more than hierarchies of adolescent groups of various years and different backgrounds. There are no significant differences related to the terminal and instrumental values between adolescents of Riga and rural areas...
Individual's work values define his/her career purposefulness. Individual's chosen work values allow foreseeing what activity context and career model is important for him/her, seeking to successfully realize oneself in professional activity. Planning his/her professional career an individual is searching for the activity sphere, which could conform not only to his/her personal features, but also to his/her value orientations. Work values important for the individual allow realizing if they form conditions for planning modern career (successfully solve constantly changing activity problems and to correspond to always new raised requirements for a person in the organisation or in labour market), the realisation of which in today's constantly changing labour market and social context becomes more and more problematic. Empiric research was carried out seeking to discover the work (activity) value structure. The research instrument was created by the authors of the research. Two hundred sixty five first-year students from three Lithuanian universities participated in the research. These are the main higher education institutions, preparing teachers in Lithuania. The obtained results show that work value structure of the first year students studying in social and humanitarian science programmes can be expressed by 6 main factors: responsible activity values, active work values, harmony values, reward values, activity style values, and social status values. Also, the main differences were ascertained between female and male work value structure. Responsible activity values, active work values and harmony values were much more important for female than male students.
Psychological Thought, 2015
This article aims to identify the most important work values of university students. For this purpose, data from an empirical study among students (N = 208), from different study programmes, are presented. Results obtained with the Bulgarian version of the questionnaire WIS/SVP (OS Bulgaria, 2007) revealed that in 2013 there were some gender significant differences in the respondents’ values. The students’ important values were Economic Security, Personal Development, Ability Utilization, Achievement and Advancement. The data could be used for vocational guidance.
ANGLISTICUM. Journal of the Association for Anglo-American Studies, 2017
The aim of this study is to give a theoretical perspective of the relation between the personal values and professional orientation. Studies already showed the relation which exists between the personal values and personality, but some studies have examined how personality correlates to work values, although some researchers have analyzed personality and work satisfaction (Furnham, Forde and Ferrari, 1999). Beukman (2005) refers to Guth et al. (1965), and highlights the relation between values and personality. Guth et al. (1965), summarizes this relationship as follows: “Values are not only closely related to personality, they are part of it, and serve as a guiding system to personality when facing solutions and alternatives, values form a very consistent personality trait of an individual, especially if some values are clearly dominated by the others”. The professional orientation is the tendency and the behavior that express the individual’s desire to follow or apply a certain pr...
New Studies and Research in Economics, 2019
As of 2018, business world is hosting Baby Boomers (born between 1945-1964), Generation X (born between 1965-1980), and Generation Y (born between 1981-2000) as employees, and managers. The latest generation, Generation Y, follows different work values and career commitment approaches, compared to previous generations. Now, the focus is on how to capture Generation Y at a workplace for more than several years. Gen Y is known for their job mobility. They are not much interested in long term goals and plans, but rather love to live the moment, in the most desired work place of their own. If their job expectations are not met, they do not hesitate to leave and look for another job. Although they give importance to status, they reject hierarchy. They like to be motivated, do their tasks in an enjoyable environment, and prefer to be the part of the decision-making process, rather than unquestioned compliance with the existing system. They are impatient, have unrealistic self-esteem values, and high egos. They do not consider being permanent in a workplace, and thus considered as "unreliable" by their managers. These factors, together with many more, are enough to alert the business environment, especially Human Resource managers, to look for peculiar ways to make Generation Y commit to their workplace. Since Generation Y is assumed to dominate the business environment in a decade, it is becoming more and more important to understand the reasons for their non-commitment. Thus, this study is designed for Generation Y Turkish higher education students, who are the prospective work force in a couple of years, to understand their work values and how this affects their career attitudes, which will be, to our knowledge, the first in the literature. This study used self-reported online survey methodology. The survey consists of three parts. The first part is about the demographics of the participants. The second part consists of 23 items of Work Values Inventory, and the third part measures the boundaryless career attitudes of the students. In the light of being the first study about the influence of work values on the boundaryless career commitment of the Turkish higher education students, this study revealed some intriguing results. Generation Y Turkish higher education students interest in instrumental work values (pay, hours of work, security, benefits, and work conditions) have little to no influence on their physical and psyschological mobility. On the other hand, cognitive (responsibility, advancement, achievement, influence, interest, feedback, meaningful work, use of abilities, independence, company, status, and contribution to society) and affective work values (relations with supervisor, coworkers, recognition, esteem, and opportunity to interact with people) have direct influence on their psychological mobility, but has no affect on their physical mobility. In a decade, Gen Y will dominate the business world. There is no doubt that work values of Generation Y, together with the new emerging career orientations should be understood well, in order to maintain an effective work environment.
2011
This study applies a multidimensional scaling (MSD) technique to investigate the structural validity of the Work Values Inventory for Adolescents with a sample of Italian students. The MSD results indicated the presence of two underlying orthogonal dimensions: individuality versus sociality and conservation versus exploration. Implications for future research are also discussed.
Bogazici Journal, 2017
The main aim of the study is to investigate the prevalent personal values of working Generation Y'ers in Turkey. With this objective, the Schwartz Values Survey has been adapted and a new values scale specific to Generation Y'ers is developed. Furthermore, the relationships of those prevalent personal values with other variables such as the level of religious commitment and gender are investigated. Data collected from 361 respondents reveal that "independence" (freedom, justice, self-respect, privacy) and "trust" (sincerity, honesty, true friendship) value dimensions are rated as the most important. The "tradition" (obedience, devotion, honoring the elders) value dimension which is rated as the least important is found to be highly associated with religious commitment. Taking into consideration the size, purchasing power and business status of Gen Y'ers, the study is expected to provide implications for businesses and social scientists especially from the marketing, management, psychology and sociology fields.
The objective of this empirical study is to investigate relation among youth's attitudes towards education and their work related values. The assumption was that youth's attitudes towards education are an important indicator of their work related values as well as their work ethic in general. For the purpose of the research two hundred and ten students from three biggest faculties at The University of Mostar were sampled. This paper includes an alternative approach because the students are not employed yet. For that reason upperclassmen were included in sampling because they have already started to think actively about their future employment. The main starting point for the analysis was to establish the future employability characteristics of this social group based on potential relation between student's attitudes towards education and their value orientation towards the work. The main hypothesis was that the students who have higher appreciation for education will show more favorable attitudes to intensive and more demanding employment in the future, which indicates an existence of willingness to improve their employability skills and working habits in general. This hypothesis was confirmed by the results of the research.
2016
The article is the issue of the functioning of the Y generation in the labor market in the Polish conditions. Article is made up of two parts: theoretical, in which the authoress present a comprehensive overview of the literature and empirical research containing a description of the methods and obtained from the use of research results. The results of tests conducted using a validated questionnaire on a group of 112 representatives of generation Y have shown that for the representatives of this generation work is important in so far as is consistent with their preferences, competences and enables the interests of outside professional. As a result, the study found that women (in accordance with the established procedure of research) and to persons born after 1987 years people (to a greater extent than others) appreciate the predictability at work and "minimal sense of security". Loyalty to the employer and the desire to maintain jobs is not their forte. In my work they want to stay as long as the work will meet their expectations. A permanent contract of employment is important for them however, when more favorable financial agreement is a civil legal, they prefer to contract civil law. Young women on the other hand, and "the older part of the generation Y" to a greater extent than civil law contracts, appreciate the employment contract.
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