Job satisfaction among young Russian workers
While an extensive range of economic literature exists on the analysis of job satisfaction, research that focuses on young people remains scarce. This chapter analyses general job satisfaction among young Russian workers. The corresponding response variables are divided into five ordered categories, from “completely unsatisfied” to “completely satisfied”. Ordered logit models of job satisfaction have been estimated with individual fixed effects for a panel data analysis of young male and female Russian workers. In the final section also some policy implications are discussed.
Using a combination of techniques and tests, reflecting different theoretical approaches to the study of motivation, the analysis and comparative assessment of the structure of the motivation of the two groups - working and non-working young people aged 22-25 years old with higher education. The main results of the study show the maximum severity of professional motivation and meaningful interests in work, and do not reveal specific differences in the structure of motivation among working and non-working young people. Methodological recommendations on the use of work motivation assessment tools are presented.
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Relation between the informal employment and job satisfaction is investigated in the paper. Informal employment takes rather big place in Russian economy, what makes research of the mechanism of the informal sector of the labor market functioning very relevant. Ordered choice models with sample selection correction were estimated on the Russia Longitudinal Monitoring Survey of HSE (RLMS-HSE) data. The key result of the paper is that subjective well-being is not determined by employment status itself, crucial is conditions of choice. Individuals, who came to the informal sector because of their own choice, treat their job as well as workers' with the registered employment. So, they have no incentives for seeking to formalize their status, which could mean further growth of the informal sector.
Over the past decade Russia has experienced stable economic growth with Gross Domestic Product (GDP) growing by 7 percent per year from 1998 to 2007. While the nation still enjoys a relatively healthy growth rate, analysis shows that the sources for the future growth are limited and to boost growth Russia should rely on increasing labor productivity. Improving productivity will impose new demands on Russia's workforce requiring better skills to satisfy the needs of economy growth. The international business environment survey reports that Russia's private sector considers the lack of skills and education of workers to be the most severe constraint on its expansion and growth. Despite the very high level of formal education attained by Russian workers the problem behind this may be explained by the current quality and content of education, which does not develop the necessary skills and competences demanded by the labor market. This report examines the reasons and the consequences of this skills deficit, which constrain productivity and limits innovation ultimately stifling accelerated economic growth in Russia. The objectives of the report are: 1) to deepen the understanding of the structure and composition of this skills deficit by analyzing in detail the demand for and supply of particular cognitive and non-cognitive skills; 2) to review the capacity and problems of the current systems for skills provision in Russia both through the public and private provision thereby identifying some of the underlying reasons for this skills gap; and 3) to support the development of evidence-based policy making in professional education and training, which will lead to a system better responding to the challenges of the economy and labor market.
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This paper is dedicated to the relationship between informal employment and job satisfaction. The reason why this issue is very relevant is because of the position that informal employment takes in the economy of the Russian Federation. The value of researching the mechanisms of the informal sector of the functioning labor market cannot be underestimated due to the great amount of informally employed workers in the Russian economy. Ordered choice models with sample selection correction were estimated on the Russian Longitudinal Monitoring Survey of HSE (RLMS-HSE) data. The key result of the paper is that subjective well-being is not determined by employment status itself. The conditions of one’s choice are the main factor, of which determination is crucial. A small difference in the attitude to work was discovered between individuals who went into the informal sector because of their own choice and workers with registered employment. So they have no incentives for seeking to formalize their status, which could mean further growth of the informal sector.