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

In: Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 1

Author

Listed:
  • Thanh Thuy Cu

    (Hanoi Architectural University)

  • Thi Yen Le

    (Hanoi Architectural University)

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.

Suggested Citation

  • Thanh Thuy Cu & Thi Yen Le, 2023. "Post-Covid-19 and the Change in Income of Employees," Springer Books, in: An Thinh Nguyen & Thu Thuy Pham & Joon Song & Yen-Ling Lin & Manh Cuong Dong (ed.), Contemporary Economic Issues in Asian Countries: Proceeding of CEIAC 2022, Volume 1, pages 95-110, Springer.
    • Handle: RePEc:spr:sprchp:978-981-19-9669-6_6
    DOI: 10.1007/978-981-19-9669-6_6
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    Cited by:

    1. Minh Thi Binh Nguyen, 2024. "The role of employee well-being, job satisfaction, and post-Covid-19 syndromes on employee performance at Linh Trung Export Processing Zone in Ho Chi Minh City," HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE - ECONOMICS AND BUSINESS ADMINISTRATION, HO CHI MINH CITY OPEN UNIVERSITY JOURNAL OF SCIENCE, HO CHI MINH CITY OPEN UNIVERSITY, vol. 14(3), pages 149-166.

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