Do self-efficacy and willingness to make career efforts influence future reward expectancy among business students? A multigroup analysis of gender
DOI:
https://doi.org/10.17524/repec.v17i4.3362Keywords:
Self-efficacy, Willingness for career effort, Expectation of future earnings, Intrinsic and extrinsic rewardsAbstract
Objective: This study investigates the influence of self-efficacy and willingness to make career efforts on
students’ future reward expectancy.
Method – A survey was conducted among students attending undergraduate programs in the business
field. A multigroup analysis using structural equation modeling was performed according to gender.
Results: The results show that self-efficacy and willingness to make career efforts influence future reward
expectancy. The multigroup analysis according to gender showed that the women’s self-efficacy influenced
their expectations of future rewards, though, among men, significant results were found only for intrinsic
rewards. Women’s willingness to make career efforts did not influence their future reward expectancy,
whereas it influenced extrinsic rewards among men.
Contributions: These findings suggest theoretical and practical implications. First, they reveal the
expectations of business students concerning intrinsic and extrinsic rewards and that cognitive aspects
possibly explain future reward expectancy. There are also significant practical implications for companies’
managers, those in the educational field (e.g., alternative teaching strategies), and public policy, which may
be inspired by the multigroup analysis results that reveal contrasting perceptions.
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