A person's tendency to prefer certain states of affairs over others. (aka. Your core guiding principles)
What matters to you
Values are also represented in organizational missions
What is Work Centrality (Work Involvement)?
The extent to which work is an individuals central life interest.
What are the managerial implications with Work Centrality?
Work centrality is:
Related to the avg. # of hours worked
Related to the avg. # of vacation days
What are the Values Across Cultures-Hofstede's Study?
Power Distance
Essentially how hierarchal a country/environment a person wants to be with
Uncertainty avoidance
Wants stuff needs to be spelt out/ no grey zone
Masculitnity/Femininity
The general roles and how formal and informal they are
Individualism/ Collectivism
Is it based on the company as a whole or the individual within it
Long-term/Short-term Orientation
Look more long term or more so short term and save face
What are Attitudes and what are their components?
Fairly stable favorable or unfavorable evaluations of specific objects, situations, persons, or categories of people (aka. positive or negative view on situations)
Components:
Affective (feel) + Cognitive (think) = Behaviour
What is Job Satisfaction?
Collection of attitudes about ones job (how favorable one looks at their job)
What are the facets of Satisfaction?
Work tasks (work itself)
Pay
Promotions
Co-workers
Supervisors
What determines Job Satisfaction?
Disposition - Some people are predisposed to be more satisfied
Discrepancy - How well employers meet their employees expectations
Fairness - Perceptions of fairness in the workplace (aka. Organizational Justice)
What are the three types of Justice?
Distributive - How fair are the outcomes of the decisions?
Equity - Merit based decisions
Equality - everyone has a fair chance of getting the same outcome
Need - Outcome goes to who needs it the most
Procedural - How fair is the process that was used to make this decision?
Accurate information- are you using accurate information to make decisions
Two-way communication - employees feel they have voice in certain matters
Appeals are welcome - is there a way to talk to a supervisor and appeal a decision
Interactional Fairness - Perception of the fairness
of the interpersonal treatment
Interpersonal - has one been treated with dignity and respect
Informational - given adequate information for the decision
Why should Managers Care about job satisfaction?
High job satisfaction is related to:
Increase Task Performance and OCB
Increase Customer Satisfaction
Increase Off the job satisfaction
Increase Mental Health
Decrease Absenteeism
Decrease Propensity to Turnover
What is Organizational Commitment?
An attitude that reflects the strength of the attachment that an employee feels towards the organization
What are the three types of Organizational Commitment?
Affective
Employees' identification with involvement in the organization
Staying because you WANT to
Normative
Feeling of obligation to remain loyal
Staying because you OUGHT to
Continuance
Perceptions of costs associated with staying vs. leaving