JOB INSECURITY AND EMPLOYEES’ MOTIVATION TO ENGAGE IN PROFESSIONAL EDUCATION

Abstract

Current economic slowdown in Russia can cause significant problems with employment in a number of national economy sectors. The article presents results of econometric analysis of employees' confidence levels in finding comparable new jobs in case of termination of current employment as well as of probability to be temporarily laid off without pay, projected onto employees' participation in professional education programs for different branches of the Russian economy. Sample used in the analysis represents Russia's working population. Results demonstrate that those employed in agriculture, manufacturing, transport and communications are the most vulnerable while at the same time they are least of all involved in professional development programs. Personal characteristics of employees emerge as important determinants of their job security: Residents of large cities, the younger ones, those with shorter length of employment as well as with higher level of education, those better paid feel less vulnerable. All the aforementioned characteristics are also positively related to active investment in building up the employees qualifications.

Differential Methods of Measuring the Non-Observed Economy as a Unified System of Calculation of the Indices of the Hidden and Informal Production

“…11, No. 11;2015 determining the hidden economic activity. It provides for the allocation of a range of indicators which, to the greatest extent, is more connected to the up-accounted than the rest.…”

“…11, No. 11;2015 retail trade and agricultural products. The main disadvantages of this method are the dependence of results on the quality of the source information and the need for formulation of preconditions in order to abstract from the influence of undesirable factors on the estimation of non-observed economy.…”

Empirical Analysis of Job Satisfaction Determinants in Russia

“…Earlier studies also demonstrate that both content of work process and individual characteristics of employees act as important determinants of levels of economic insecurity perceived by employees as well as of the incentives to invest in their professional development (Ankudinov & Lebedev, 2014), while level of economic insecurity is related to occupational imbalances of skilled personnel in different sectors of national economy (Ankudinov & Lebedev, 2013). In particular, less educated unskilled employees, women, residents of rural areas feel more exposed (Linz & Semykina, 2010).…”

“…In the conditions of transformational economy like that of Russia, characterized by liquidity-constrained economic environment, job satisfaction management might act as an efficient tool of labor productivity improvement (Krueger, 2003;Linz, 2002). Russia's accession to WTO adds special importance to the study since the degree of employees' job satisfaction strongly affects their motivation to invest in specific capital which in turn has a strong influence over competitive advantages of a number of sectors of national economy (Ankudinov & Lebedev, 2014).…”

Strategic Marketing Analysis of Premium Package Products of Joint Stock Investment Commercial Bank “Tatfondbank”

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