Journal of Scientific Papers

ECONOMICS & SOCIOLOGY


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ISSN 2071-789X

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    Centre of Sociological Research

     

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    Alexander Dubcek University of Trencín (Slovak Republic)


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Generational differences in work-related expectations: Examining period and cohort effects

Vol. 17, No 4, 2024

Dana Egerova

 

University of West Bohemia,

Pilsen, The Czech Republic

E-mail: egerova@fek.zcu.cz

ORCID 0000-0003-1824-9288 

 

Generational differences in work-related expectations: Examining period and cohort effects

 

Lenka Komarkova

 

Prague University of Economics and Business, The Czech Republic

E-mail: lenka.komarkova@vse.cz

ORCID 0000-0003-1972-9558


Lucie Rotenbornova

 

University of West Bohemia,

Pilsen, The Czech Republic

E-mail: rotenbor@fek.zcu.cz

ORCID 0000-0002-0669-781X


 

Abstract. This study explores the extent to which cohort and period effects impact employees’ work-related expectations in the context of the anticipatory psychological contract. This investigation focuses on the transition of the new Generation Z into the labour market and the preceding Generation Y. A longitudinal study based on a repeated questionnaire survey with 1,000 respondents was employed to examine cohort and period effects simultaneously. Differences in the development of work-related expectations between two generations were assessed using statistical linear mixed models. The findings indicate that the future work-related expectations of Gen Y and Z are primarily influenced by the cohort effect. The results also reveal that the expectations of both generations are relatively stable even during the turbulent period of 2019–2022. However, their levels differ between the two generations. The research findings have practical implications for managers, recruiters, and corporate human resource departments in terms of understanding and attracting and retaining the emerging generation of new employees. Some theoretical implications are also discussed.

 

Received: March, 2024

1st Revision: September, 2024

Accepted: October, 2024

 

DOI: 10.14254/2071-789X.2024/17-2/6

JEL ClassificationM12, M50

Keywords: anticipatory psychological contract, work-related expectations, Generation Y, Generation Z, generational differences