Olca SEZEN DOĞANCILI, Handan ÖZÇELİK BOZKURT

The Effect of Financial Stress and Affective Job Insecurity on Hotel Employees’ LifeSatisfaction: A Research Conducted During the Covid-19 Pandemic

Purpose – The Covid-19 pandemic is a global health issue and a devastating factor for many industries.The tourism sector is among these industries, seriously affected by the pandemic. During defining andexamining the current situation of tourism employees, working in the tourism industry is important forboth the future of the sector and social welfare. This study aimed to examine the effect of financial stressand affective job insecurity levels of hotel employees on their life satisfaction during the Covid-19pandemic process.Design/methodology/approach – For this purpose, the literature was examined, variables are explainedand hypotheses are proposed considering the relations among the variables. In order to test thehypotheses, a survey was conducted with the participation of 391 five-star hotel employees in Antalya.The simple sampling method was preferred among the improbable sampling techniques. Findings – It was found that financial stress and affective job insecurity have a negative effect on lifesatisfaction. In addition, it has been observed that the financial stress and affective job insecurity levels ofthe employees are high, and their life satisfaction is moderate or even close to low levels. Discussion – Being under financial stress and perceiving affective job insecurity reduces life satisfaction.Besides physical and mental health is also important. Other business alternatives are extremely scarceduring the pandemic period, it is natural for hotel employees to be concerned about the loss of financialstability/loss of income necessary to provide for themselves. In addition, important duties fall on therelevant authorities and the whole society in order to end the pandemic. After the pandemic, it will becorrect to follow appropriate policies by looking at the relationship of the variables discussed in the study.

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