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Evaluating Part-Time and Fixed-Term Employment Schemes by Employees Using the Example of a Financial Insurance Company

Author

Listed:
  • Mate Voros

    (University of Pecs)

  • Zsofia Asvanyi

    (University of Pecs)

  • Diana Ivett Furesz

    (University of Pecs)

Abstract

All forms of employment, part-time and fixed-term employment included, are sustainable only if they create mutually beneficial conditions both for employers and employees. While benefits for employers are more obvious in these particular forms of employment, employees' preferences are less frequently discussed. The study is a comparative analysis between employees with part-time and fixedterm and with typical employment contracts with respect to exit rate and chances of corporate career development. The data pool consisted of 4,683 employees employed by a large Hungarian corporation. In contrast to previous studies, instead of using qualitative methods, a quantitative analysis of employees' attitude towards part-time and fixed-term employment was carried out as part of the research. The focus of our investigation was to find out whether or not employees perceived atypical employment as advantageous. Based on the results obtained, it can be stated that compared to employees in typical forms of employment, the exit rate among members of the two atypical employment groups was higher, and their career development opportunities were also more limited.

Suggested Citation

  • Mate Voros & Zsofia Asvanyi & Diana Ivett Furesz, 2022. "Evaluating Part-Time and Fixed-Term Employment Schemes by Employees Using the Example of a Financial Insurance Company," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 21(2), pages 94-124.
    • Handle: RePEc:mnb:finrev:v:21:y:2022:i:2:p:94-124
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    File URL: https://en-hitelintezetiszemle.mnb.hu/letoltes/fer-21-2-st4-voros-asvanyi-furesz.pdf
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    References listed on IDEAS

    as
    1. Róbert Hausmann, 2020. "Transformation of Global Supply Chains in the Manufacturing Industry as a Result of the Coronavirus Pandemic," Financial and Economic Review, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 19(3), pages 130-153.
    2. Beckmann, Michael & Binz, Andrea & Schauenberg, Bernd, 2007. "Fixed-term employment and job satisfaction : evidence from individual-level data accounting for selectivity bias," Working papers 2007/03, Faculty of Business and Economics - University of Basel.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    part-time employment; fixed-term employment; economic benefits;
    All these keywords.

    JEL classification:

    • M00 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - General - - - General
    • M51 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Firm Employment Decisions; Promotions
    • M54 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Management
    • M55 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Personnel Economics - - - Labor Contracting Devices

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