Willingness for different job mobility types and wage expectations: An empirical analysis based on the online resumes

Abstract

AbstractIn this paper, we study different determinants of the intentions of multi‐dimensional job mobility and potential consequences on the expected wage, allowing for multiple types of moves, including location, industry, and occupation, and different combinations of these three dimensions. Our results confirm that the same observable characteristics can lead to different or even completely opposite effects on job mobility intentions. To be specific, on‐the‐job seekers (compared to unemployed ones) and job seekers with management positions in their last jobs both have a higher willingness to change job locations, but they are less willing to change industries and occupations. Moreover, our results demonstrate that the relationship between job mobility and wage expectations highly depends on the combinations of different mobility dimensions. Specifically, potential geographic mobility positively impacts wage expectations, with an increase of the expected wage by 6.3%. However, changing industry, occupation, or both results in a lower expected wage by 3.7%, 1.6%, and 11%, respectively. The wage expectation of the “All change” group does not significantly differ from the cohort of non‐movers (i.e., “No change”), implying that geographic moves could only partially offset the adverse effects of switching both occupation and industry.