Money or fit? The tradeoff of intrinsic and extrinsic variables in hospitality managers’ job choice
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Date
2024
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Publisher
Elservier
Abstract
With the hospitality industry facing an ongoing labor shortage exacerbated by the pandemic, this study extends
research on job applicants’ preferences for job offers, drawing primarily from the person-environment fit theory.
It focuses on understanding the importance of entry-level salary, person-job (PJ) fit, and person-organization
(PO) fit within the context of hospitality businesses. Using a two-phase model that unifies and extends the job
choice of single-attribute and multiple-attribute job offers, this study uses mixed ANOVA analyses to test the
proposed hypotheses. Our main result shows that job applicants experiencing high perceived financial stress are
more likely to accept the job offer with both PJ fit and PO fit when compared to (a) the job offer with a higher
entry-level salary and PJ fit and (b) the job offer with a higher entry-level salary and PO fit. Based on these
findings, several theoretical and empirical implications are discussed.
Description
International Journal of Hospitality Management 120 (2024) 103760
Keywords
Perceived financial stress; Job choice; Person-job fit; Person-organization fit; Mixed ANOVA model