ASSESSMENT OF FACTORS AFFECTING EMPLOYEES' PERCEPTION OF COVID-19 IN VIETNAM IN 2020

Abstract

The COVID-19 pandemic has affected workers across all industries. This study focuses on analyzing the factors that affect employees' perception of the impact of the COVID-19 pandemic, including reducing working hours, decreasing income, and switching to remote working. The study is based on the Labor Force survey 2020 with employees in three main economic types of the country through the logistic regression model. The research results show a decrease in average monthly income in the second quarter of 2020. In addition, most workers experienced decreased revenue and reduced working hours, and more than half switched to working online. The results show that human resources and the legality of the labor contract have a positive and statistically significant impact on employees' perception of the COVID-19 pandemic, particularly on their reduced working hours and income. Investment in human capital and comprehensive pandemic response policies are essential in post-pandemic economic recovery.