Post-Covid-19 and the Change in Income of Employees

Thanh Thuy Cu and Thi Yen Le ()
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Thanh Thuy Cu: Hanoi Architectural University
Thi Yen Le: Hanoi Architectural University

A chapter in Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 1, 2023, pp 95-110 from Springer

Abstract: Abstract The purpose of this study was to analyze the change in the income of labor in the post-Covid-19 situation. The difference in income is approaching when comparing the two periods: the outbreak period and the period after the epidemic is gradually controlled (based on the field of work and job position undertaken). Data for the study was gathered through a survey of 477 employees working in the aviation and tourism/hospitality sectors in Vietnam. In the study, the multivariate regression method and tests for differences were applied. The employee's income is determined by several factors, such as education level, gender, job position, the field of employment, and personal investment. However, when the context changes, the degree of education and employment position have a significant influence on employees’ incomes (The coefficient of management position variable is 1.484136; the coefficient of the graduate education variable is 4.181241). At the same time, the research findings suggest that the income gap between the two groups of workers with management positions and those without manager positions between the two periods of the pandemic is approximately 9.367 million VND per month. The research findings serve as the foundation for developing solutions to boost the adaptability of workers in the new situation.

Keywords: Employee; Jobs; Income; Aviation; Tourism/hospitality; Covid-19 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/978-981-19-9669-6_6

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