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APPETITES GROW WITH AGE: WAGE EXPECTATIONS AMONG SLOVAK MEN AND WOMEN

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Adamus M., Ballová Mikušová E.
Ekonomický časopis (Journal of Economics)
|
2021
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vol. 69
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issue 9
885 – 906
EN
The present study investigated whether gender differences in wage expectations (reservation wage and expected wage level after probation) could be considered as a reliable explanation of the gender wage gap. First, whether women are willing to accept lower wage offers than men do was examined. Then socioeconomic and demographic factors that affect wage expectations in relation to a post of a regional manager in a winery were identified. A total of 381 Slovaks (201 female) participated in the study. Generally, women and men stated similar wage expectations despite significantly different actual incomes. Next, correlation analysis showed that reservation wage was positively related to personal income and masculinity controlling for age (the expected wage level after the probationary period was not related to any of the measured variables), whereas hierarchical multiple regression analysis revealed personal income and masculinity as significant predictor of reservation wage. Finally, after dividing participants into age quartiles, ANOVA revealed that with increasing age wage expectations increased as well.
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