The COVID-19 pandemic was identified in 17 days, and the related enormous economic and social impacts have mobilized the global scientific world in almost all areas of science. The leaders of individual countries have to face a challenge that has been unprecedented for many decades. The global pandemic could lead to profound changes in the balance of power, economic operations, and the labor market. In turn, the accompanying measures have brought a lot of changes to everyday life. Although the government of Romania had taken some measures to avoid the collapse of the economy. However, the experts did not regard these as efficient enough. At this time two-thirds of the Hungarian population do not feel that the media exaggerates the severity of the COVID-19 outbreak and the economic consequences of the pandemic are undisputable for the Hungarian people, just like for the Italian and French people who were severely affected by the virus. People have been deprived of the joy of social gatherings, free movement, travel and many of them have even lost their jobs. The primary question at the moment is whether countries could finance the sectors in hardship and whether their inter-dependence regarding the exchange of goods imposes any kind of danger to their citizens. In terms of macro-economy, however, the long-term consequences are much more interesting, and it raises questions like how the countries will be able to handle the situation resulted by the increased unemployment and the different trade relations. This study presents a primary research with the age group of 18-30. The target group is leaders of student unions and academics of four universities. This questionnaire survey aims to examine how the Hungarian and Transylvanian respondents see the prospective economic effects of the current situation on the different sectors of the economy. In addition to the descriptive statistical analysis, the perception of economic impacts was examined with variance analysis concerning different demographic characteristics, and the currently studied subject area. Is the negative attitude prevailing or do the different groups react differently to the state of affairs? The greatest differences in the opinion of respondents could be observed in the area of lifestyle and healthcare. The experts think that the pandemic will result in great changes in the offices, homes, schools, and places of work. Negative aftereffects are not predicted in higher education, sales, and trade. It can be concluded that negative labor market trends are expected, therefore probably the young generation currently studying in higher education will be one of the biggest losers of the virus in the long run. Keywords: COVID 19, pandemic, economic impact, changes in subject areas.
In our days the so-called Corporate Social Responsibility (hereinafter referred to as CSR), which is applied so often in business life, can be described, first of all, by a business attitude. Although several larger global companies aim to build in the value-oriented company management into their everyday management practices, the aforementioned attitude still prevails among the leaders of small and medium enterprises (SMEs) in spite of changes and improvements. The objective of the article is to introduce a novel CSR programme, which offers deeper insight into the current CSR trends and directions and leads from the business-oriented CSR towards a more value-oriented CSR. For generation Y and generation Z, it is a more and more important factor in the job search that the would-be employer regards corporate social responsibility important. The voluntary contribution of the youth gives a significant basis for CSR programme, and it is also a serious opportunity for the employers. In the fights during the current structured unemployment-which is a global problem-the companies face serious challenges for obtaining and retaining new staff. My former research concluded that the members of generation Y change their workplaces 3-4 times more often than the representatives of generation X. Their loyalty is weak; their employee attitude cannot be described with allegiance. The CSR activity, a well-elaborated programme can be a serious appeal for the new generation. The paper presents novel solutions to retain the workforce and increase satisfaction, introduces false credits about social responsibility and provides a low-budget solution for innovative CSR solutions.
The 21 st century has presented a number of challenges to the Hungarian SME sector. Not only the postcommunist transition in the 20 th century and as a result, the emergence of open market competition, but also the global economic crisis and its consequences. The region had barely recovered from the resulting issues and had just found the way out of it when it had to face an entirely new trouble, which has already been familiar in other parts of the world. Generation Y has been the focus of multiple research project. Numerous theories have been drafted about their different habits from employment to through their leisure activities. The demographic changes in Europe have led to serious issues on the labour market In Hungary, just like in Europe, the smalland medium-size enterprises are the main driving force of the economy and play a key role in the economy. In spite of the fact that the economic weight of SMEs is rather significant, the economy in Hungary is dual. Serious issue is that the possibilities of SMEs are rather limited, their capital is small. This trouble is the totally new type of employee. The focus of my current research was on the adaptation of Hungarian SMEs to the expectations of the new generation in terms of remuneration, reward and training opportunities, since these are important factors for the employees. The results of my research have highlighted those problematic areas, which should be monitored and handled by the executives if they want to retain young employees.
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