Employment preferences of Lithuanian MA graduates in economic studies

Abstract

People may demonstrate preferences for different alternatives when choosing a workplace, for example: wages, career opportunities or workplace location. It is therefore important to determine which of the alternatives provides the maximum performance for the respondents. For this purpose, the authors have carried out extensive research of utility functions, originated theoretical models and / or employed practically. Unfortunately, there has been a lack of such research in Lithuania. The paper aims to examine the preferences and financial incentives based on the utility aspect Lithuanian master’s graduates in economic studies, including financial incentives, when they choose a workplace. The paper formulates the definition of the utility functions and the analysis its types. Moreover, it analyzes the utility functions of the MA graduates in economic studies from four universities, distinguishes their preferences and major financial incentives which give them the maximum utility.