Konstantinos Krikonis – Department of Business Administration, University of Macedonia, Thessaloniki, Greece
Ioannis Konstantaras – Department of Business Administration, University of Macedonia, Thessaloniki, Greece
Keywords:
Oaxaca decomposition;
Tourism wage model;
Job location selection
Abstract: Tourism industry wages are dominated by seasonality, with no detailed key factors affecting monthly salary available for candidates and employers. Using Blinder-Oaxaca wage decomposition technique, the authors identified the impact of job location, education, gender and other factors within the Greek Tourism Industry during the summer season of 2023. Analyzing 600 job offers involving 2500 candidates and 320 companies, the paper provides a comprehensive dataset that can yield valuable insights into the dynamics of the market. The authors identified across-country income variations, based on geographic trends and emphasized the role of education. Based on the results, even though the pandemic has offered new job prospects, especially for female employees, the gender wage gap is still widely apparent in the industry. By exploring these aspects, this paper offers a nuanced understanding of salary variations providing valuable information for professionals making career decisions and businesses seeking to optimize their talent strategies.
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LIMEN Conference
9th International Scientific-Business Conference – LIMEN 2023 – Leadership, Innovation, Management and Economics: Integrated Politics of Research – SELECTED PAPERS, Hybrid (Graz University of Technology, Graz, Austria), December 7, 2023
LIMEN Selected papers published by the Association of Economists and Managers of the Balkans, Belgrade, Serbia
LIMEN Conference 2023 Selected papers: ISBN 978-86-80194-79-0, ISSN 2683-6149, DOI: https://doi.org/10.31410/LIMEN.S.P.2023
Creative Commons Non Commercial CC BY-NC: This article is distributed under the terms of the Creative Commons Attribution-Non-Commercial 4.0 License (https://creativecommons.org/licenses/by-nc/4.0/) which permits non-commercial use, reproduction and distribution of the work without further permission.
Suggested citation
Krikonis, K., & Konstantaras, I. (2023). Income Inequalities during the Post-covid Era in the Greek Tourism Industry. In V. Bevanda (Ed.), International Scientific-Business Conference – LIMEN 2023: Vol 9. Selected papers (pp. 185-191). Association of Economists and Managers of the Balkans. https://doi.org/10.31410/LIMEN.S.P.2023.185
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