organizational behavior Essay - 2624 Words

I.nbsp;nbsp;nbsp;nbsp;nbsp;The Meaning of Money in the Workplace A.nbsp;nbsp;nbsp;nbsp;nbsp;Money and Employee Needs 1.nbsp;nbsp;nbsp;nbsp;nbsp;Money is an important factor in satisfying individual needs. 2.nbsp;nbsp;nbsp;nbsp;nbsp;Money is a symbol of status, which relates to the innate drive to acquire. 3.nbsp;nbsp;nbsp;nbsp;nbsp;Financial gain symbolizes personal accomplishments and relates to growth needs. 4.nbsp;nbsp;nbsp;nbsp;nbsp;People value money as a source of feedback and a representation of goal achievement. 5.nbsp;nbsp;nbsp;nbsp;nbsp;Compensation is one of the top three factors attracting individuals to work for an organization. B.nbsp;nbsp;nbsp;nbsp;nbsp;Money Attitudes and Values†¦show more content†¦2.nbsp;nbsp;nbsp;nbsp;nbsp;Also called â€Å"pay for pulse.† 3.nbsp;nbsp;nbsp;nbsp;nbsp;Employees receive either the same wages and benefits, or these financial rewards increase with years of service. 4.nbsp;nbsp;nbsp;nbsp;nbsp;Attract job applicants with security needs, reduce stress, and sometimes improve loyalty. 5.nbsp;nbsp;nbsp;nbsp;nbsp;They do not directly motivate job performance. 6.nbsp;nbsp;nbsp;nbsp;nbsp;They discourage poor performers from seeking out work better suited to their abilities. 7.nbsp;nbsp;nbsp;nbsp;nbsp;Some of these rewards undermine job performance by creating continuance commitment. B.nbsp;nbsp;nbsp;nbsp;nbsp;Job Status-Based Rewards 1.nbsp;nbsp;nbsp;nbsp;nbsp;Job evaluation is commonly used to rate the worth or status of each job, with higher pay rates going to jobs that require more skill and effort, have more responsibility, and have more difficult working conditions. 2.nbsp;nbsp;nbsp;nbsp;nbsp;Organizations that don’t rely on job evaluation indirectly reward job status based on surveys estimating what other companies pay for specific jobs. 3.nbsp;nbsp;nbsp;nbsp;nbsp;Job status-based pay motivates employees to compete for promotions and tries to make pay levels fair across different jobs (called internal equity). 4.nbsp;nbsp;nbsp;nbsp;nbsp;One concern is that rewarding people for the worth of their jobs is inconsistent with theShow MoreRelatedOrganizational Citizenship Behavior4841 Words   |  20 PagesTable of contents: Page # 1. Literature Review 1 1.1. What are Organizational Citizenship Behaviors (OCBs) 1 1.2. OCB and its link with Organization 3 1.3. How OCB’s are exhibited by employees 4 1.4. Importance of OCB 5 1.5. Effect of OCB on employees 6 2. Introduction to Organization 6 2.1. Allied Bank Limited 7 2.2. Meezan Bank Limited 7 2.3. First Women’s Bank 7 2.4. MCB 7 3. Findings and resultsRead MoreOrganizational Behavior1284 Words   |  6 PagesBachelor of Business Administration (Hons) Course Title : Organizational Behavior Course Code : BUS 250 Year of Study : 2 Number of Credits : 3 credits Duration in Weeks : 12 weeks Contact Hours Per Week : 3 hours Pre-requisite Course(s) : BUS 120 Principles and Practice of Management Course Aims The course provides students with a conceptual and a pragmatic approach to understand the employees’ behavior in the organization. This course equips students with the knowledgeRead MoreOrganizational Behavior1387 Words   |  6 PagesOrganizational Behavior Michael J. 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