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Regular version of the site

Five Scientific Facts about Employment

Here at IQ.hse.ru, we’ve summarised five facts about employment revealed by HSE researchers.

Risk Takers More Likely to Find Employment

Risk takers are more likely to find new employment on better terms. Their likelihood of getting a new job is on average 10.5% higher. They are also more likely to have a job on the side and to be self-employed.

Urbanites Seek Passion, Villagers Prefer Stability

Young urban residents are increasingly seeking interesting jobs which leave space for creativity. In contrast, rural youth are focused more on money, career prospects and job security — although in recent years, their career paths have become more diverse.

Higher Wage Expectations Can Bring Higher Wages

According to HSE researchers, the higher a job applicant's wage expectations, the more likely they are to earn a higher wage in their next job. Overestimating by 1% the minimum wage that a person would accept is associated with a 0.25% increase in the actual wage. Research has also found that men tend to have 40% higher wage expectations than women.

Lack of Job Security Can Delay Marriage

Today, an increasing number of people are employed in time-limited jobs, informally or part-time without prospects of career advancement or higher pay. This can force them to adapt their life paths, e.g. by getting married later or having fewer children.

Pension Gives No Reason to Relax

Just 7% of Russians believe they will be able to survive on the state pension, and nearly half are planning to work beyond official retirement age. Currently, it is not uncommon for Russian pensioners to continue to work into old age, and poor health is not perceived as a barrier, according to research .

September 21, 2016