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What three components determine an individual's performance? This is how you know who to keep
Performance (P) = Ability (A) x Effort (E) x Support (S)
Motivation(howdowegetthemmotivate)
Reaction to compensation and turnover
What is Maslow’s five categories of needs (in order)?
Physiological, Safety/Security, Belonging/Love, Esteem, Self-Actualization
When will people try to meet higher-level needs according to Maslow?
Only after lower-level needs are fulfilled
What are Herzberg’s two categories of job factors?
Motivators and Hygiene Factors
What do motivators lead to?
Motivation and job satisfaction
What do hygiene factors lead to if not addressed?
Dissatisfaction, but not motivation
Why is just fixing hygiene issues not enough?
Because motivation requires active use of motivators
What does Equity Theory suggest?
People are motivated when they feel they’re treated fairly
What is equity in the workplace?
The perceived fairness between what an employee gives and receives
What does Expectancy Theory say about employee behavior
It’s based on their expectations of outcomes
What happens if expectations aren’t met?
Dissatisfaction and lower motivation
Name five ways companies can motivate employees
FIanancial reward, performance management praise/trust, autonomy, motivational speakers
What is a psychological contract?
Unwritten expectations between employers and employees about their work relationship
What is psychological contract based on?
Trust
Can a psychological contract be negative or positive?
Yes, depending on whether expectations are met
Why is it important to meet unwritten expectations at work?
they affect the psychological contract and trust
Why are global psychological contracts important in multinational firms?
Employee expectations vary by country and culture
What is job satisfaction?
A positive emotional state from evaluating one’s job experience
What is morale?
The collective job satisfaction of a group or organization
What is an attitude survey?
A tool to measure employees’ beliefs and feelings about their jobs
Components of Job Satisfaction
Nature of the work, co workers, supervision, opportunity for advancement
What is organizational commitment?
How much employees believe in and want to stick with the organization
What is employee engagement?
The extent an employee feels connected to the organization's success
Engaged Employees Characteristics
Put in extra effort
are highly involved in their jobs
employ both effort and thought
are active/ busy
Disengaged Employees
-Simply put in time
-dont do best work
What is employee absenteeism?
Any failure to show up or remain at work as scheduled
What are the two types of absenteeism?
Involuntary (uncontrollable) and voluntary (controllable)
What is progressive discipline for absenteeism?
Warning → Written Warning → Suspension → Dismissal
What is positive reinforcement for absenteeism?
Rewarding employees for good attendance
What is the combination approach to absenteeism?
USe both discipline and reward strategies.
What is a Paid-Time-Off (PTO) program?
A system where employees use paid days at their discretion
What is employee turnover?
When employees leave the organization and must be replaced
Give 3 reasons good employees leave a job.
Poor management, lack of career growth, insufficient pay or recognition
What does the turnover rate measure?
The percentage of employees who leave during a time period
Turnover rate
Number of employees separations during the month / Total number of employees at midmonth
Separation costs-
all expenses handled during separation