Saving Behavior of Female Workers in New Normal

Abstract

Currently, the community must make adjustments to the new conditions that are being faced. People have started adaptation by implementing new life habits called "new normal life". The urgency of saving in the face of the new normal is very important to help the recovery and growth of the Indonesian economy. In a public health emergency, people are more willing to save money than spend it, which is not conducive to economic development and recovery. Our research will provide advice on how to have a better understanding of financial behavior during a pandemic. This analysis aims to provide good knowledge of financial behavior during an emergency. Using a qualitative research approach, this study seeks to uncover what motivates women to save amid the limitations and obstacles they face. The results of the study found that there are three motivations behind women working formally to save. The first motivation is Children Education which explains that in the provision of part of the income they have is to prepare for the costs of children's education. The second is emergencies which state that something that prompts to make allowances is to prepare costs for unexpected needs that cannot be controlled or controlled by humans. The third is related to religiosity, namely the need to perform the pilgrimage.

Female Workers During Post Pandemic: Gender and Investment Decisions

“…Women are more cautious and men are more risk-friendly. The literature supports the idea of gender differences in investing, showing that male investors are more tolerant of risk and confident investors [5]. Investment is a basic requirement of every individual for their financial well-being.…”

“…Investments are the sacrifice of certain present value in return for uncertain future. An investor's background and past experience can also play an important role in the decisions a person makes during the investment process [5].…”

“…Conditions of economic development put demands on every family in meeting their daily needs. The changing role of women has led to participation in the employment sector and changes in many aspects of life [5].…”

A Sociological Analysis of Employment Discrimination Against Women in Pakistan

“…Organizations should advertise all jobs on an equal basis. A hardy schedule of work demotivates the women for applying for different positions (Davidescu, et al, 2020;Jacobs & Schain, 2009;Sistiani & Prajawati, 2021). Thus the results of the present research revealed 51.60% of females at the workplace agreed they have issues concerning job descriptions, whereas 32.40% strongly agreed.…”

“…Flexibility in working hours can lead working women towards job satisfaction, healthier organizational performance, and skilled growth (Davidescu, et al, 2020). As women have household responsibilities and rigid work schedules demotivate them to apply for different positions (Jacobs & Schain, 2009;Sistiani & Prajawati, 2021).…”