Work values: a latent class analysis of Korean employees
Higher Education, Skills and Work-Based Learning
ISSN: 2042-3896
Article publication date: 27 December 2021
Issue publication date: 12 October 2022
Abstract
Purpose
The purpose of this study is to identify latent classes of work values that influence the career choices of Korean workers through a person-centred approach. Because work values may be diverse in individuals, investigating the various combinations of those values will help understand individual's decisions to take, maintain and leave a job.
Design/methodology/approach
The authors used a total of 15,103 datasets collected at the national level in South Korea. Data were analyzed by using latent class analysis (LCA); a three-step approach was employed to address classification.
Findings
As the results of this study, Class 3, “seeking balanced work values rather than income,” presented the highest level of job satisfaction, whereas Class 1, “seeking job security and income,” exhibited the lowest.
Originality/value
Employing an assessment tool to identify the distinct combinations of work values that individuals possess and then providing them with appropriate training and development programs and customized Human Resource (HR) policies aligned with the classes will be essential tasks for HRD (Human Resource Development)/HRM (Human Resource Management) practitioners.
Keywords
Acknowledgements
This work was supported by the Ministry of Education of the Republic of Korea and the National Research Foundation of Korea (NRF-2021S1A5C2A03088191).
Disclosure statement: No potential conflict of interest was reported by the author(s).
Citation
Lee, J., Lee, Y., Kim, S.J. and Song, J.H. (2022), "Work values: a latent class analysis of Korean employees", Higher Education, Skills and Work-Based Learning, Vol. 12 No. 5, pp. 834-848. https://doi.org/10.1108/HESWBL-10-2021-0188
Publisher
:Emerald Publishing Limited
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