Generation Y’s expectations of their future employment relationships pose a challenge for their employers Patterns in Neighboring Areas

Katarzyna Dziewanowska (), Alison Pearce () and Nada Zupan ()
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Katarzyna Dziewanowska: University of Warsaw, Poland
Alison Pearce: Northumbria University, UK
Nada Zupan: University of Ljubljana, Slovenia

Journal of Human Resource Management, 2016, vol. 19, issue 1, 1-12

Abstract: Generation Y is starting to represent a significant proportion of the labor force and adds to the diversity challenges faced by companies, especially those operating in a global market. Although many characteristics of Generation Y with regard to work and employment have been identified through research, most comes from developed Western countries. We explored the employment expectations of business students in Poland, Slovenia, the UK and South Korea from the psychological contract perspective. We aimed to identify and explain differences between anticipated employee and employer obligations of future entrants to the labor market. Overall, students expect more relational and balanced dimensions of a psychological contract than transactional. However, there are significant differences in the elements, dimensions and types of psychological contract between countries. Polish and Slovenian responses show more elements of a transactional contract than the UK and Korean. The differences can be explained by taking into account economic context and national culture characteristics. The implications of the results for employers’ approach to managing young talent are also discussed.

Keywords: anticipatory psychological contract; generation Y; employment relationship; economic context; national culture (search for similar items in EconPapers)
JEL-codes: M12 (search for similar items in EconPapers)
Date: 2016
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Persistent link: https://EconPapers.repec.org/RePEc:cub:journl:v:19:y:2016:i:1:p:1-12

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