How Much Will I Earn? Expectations Versus Reality

Šimsová, Jana; Reissová, Alice

doi:10.15240/tul/001/2016-2-001

Cited by 3 publications

(4 citation statements)

References 22 publications

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“…Note that in general, the salary expectations of university graduates are realistic and consistent. This has been shown by Smith and Powell (1990), Betts (1996), Dominitz and Manski (1996), Carvajal et al (2000), Webbink and Hartog (2004), Zafar (2011), Ng et al (2010), Menon et al (2012), Šimsová and Reissová (2016), despite the differences in samples and educational systems. Next, we will examine in more detail the factors that may be associated with investments in human capital at different levels and can thus affect the expected salaries after graduation.…”

Section: The Analy Tic Al Fr Ame Work Of the S Tudy: The Model Of Smentioning

confidence: 83%

“…(2010), Menon et al. (2012), Šimsová and Reissová (2016), despite the differences in samples and educational systems. Next, we will examine in more detail the factors that may be associated with investments in human capital at different levels and can thus affect the expected salaries after graduation.…”

Section: The Analytical Framework Of the Study: The Model Of Salary Expectationsmentioning

confidence: 96%

“…The same is true for the salary expectations of college students: in the majority of previous studies based on various samples and different educational systems, it was proven that students are aware of future economic returns from higher education (Botelho & Pinto, 2004; Williams & Gordon, 1981), and their expectations are consistent (Smith & Powell, 1990) and accurate (Betts, 1996; Carvajal et al., 2000; Menon et al., 2012). In other words, individual expectations regarding the returns from higher education can be considered meaningful and realistic (Dominitz & Manski, 1996; Ng et al., 2010; Šimsová & Reissová, 2016; Webbink & Hartog, 2004). Moreover, salary expectations may affect actual salary offers (Highhouse et al., 2003), as such expectations already contain a potential employee’s reaction to the prospective employer’s offer.…”

Section: Introductionmentioning

confidence: 99%

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The determinants of expected returns on higher education in Russia: A human capital theory approach

Prakhov

2020

Higher Education Quarterly

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Section: The Analy Tic Al Fr Ame Work Of the S Tudy: The Model Of Smentioning

confidence: 83%

Section: The Analytical Framework Of the Study: The Model Of Salary Expectationsmentioning

confidence: 96%

Section: Introductionmentioning

confidence: 99%

See 1 more Smart Citation

The determinants of expected returns on higher education in Russia: A human capital theory approach

Prakhov

2020

Higher Education Quarterly

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“…A bunch of literature scrutinizes the question of accuracy of students' expectations of their wage after graduation. However, evidences are rather controversial [13], [14].…”

Section: Literature Reviewmentioning

confidence: 99%

Students’ Wage Expectations. Dynamic Analysis

Telezhkina

Maksimov

Maksimova

2019

Proceedings of the Fourth Workshop on Computer Modelling in Decision Making (CMDM 2019)

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Factor structure of expected graduate's wage is considered in the paper. The analysis of eight regression estimates for 2007-2009 and 2012-2016 of Russian University students' wage expectations demonstrates consistency of estimates of all coefficients but regional dummy and wage of working students. The dynamics of expected graduates' wage and average nominal wage suggests that the former is much more exposed to influence of economic cycles than the latter.

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Generation Y and Generation Z Employment Expectations: A Generational Cohort Comparative Study From Two Countries

Egerová¹,

Komárková²,

Kutlák³

2021

E+M

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Generational differences in work values and workplace expectations have become a widely discussed research and intervention topic in recent years. However, little is known about Generation Z, who are now entering the labour market, and this presents challenges to both researchers and companies. Therefore, the primary purpose of the present study is to extend generation research by examining generational cohort differences in workplace expectations, specifically between Generation Z and the previous closest generation, Generation Y. The study is also intended to add to the limited empirical evidence of the workplace expectations of the most recent Generation Z. The theoretical framework guiding this study includes generational cohort theory and anticipatory psychological contract dimensions: job content, career development, social atmosphere, the fairness of organisational policies and rewards. The study was based on an online questionnaire survey. Data was collected from a sample of 1,000 respondents for the Czech Republic and 600 for the Slovak Republic including Generations Y and Z in the ratio 1:1. The generational differences in the workplace expectations, controlling the effects of gender and country, were investigated using multiple linear regression. The overall findings of the study indicate that both generations are more similar than different regarding their future employment expectations. We also find that those preferences may be more heterogeneous within a homogeneous group than across generational cohorts. The findings specifically indicate that some characteristics, such as geographical environment, professional experience and gender may shape employment expectations more than generational difference. The study suggests that companies also need to appreciate heterogeneity within a homogeneous generational group instead of treating current or prospective potential employees simply as members of one generation. The directions of future research, as well as the limitations of the study, are discussed.

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How Much Will I Earn? Expectations Versus Reality

Cited by 3 publications

References 22 publications

The determinants of expected returns on higher education in Russia: A human capital theory approach

The determinants of expected returns on higher education in Russia: A human capital theory approach

Students’ Wage Expectations. Dynamic Analysis

Generation Y and Generation Z Employment Expectations: A Generational Cohort Comparative Study From Two Countries

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