The Relationship Between Job Satisfaction and Economic Performance PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download The Relationship Between Job Satisfaction and Economic Performance PDF full book. Access full book title The Relationship Between Job Satisfaction and Economic Performance by . Download full books in PDF and EPUB format.
Author:
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 66
Get Book Here
Book Description
Adults in the workforce spend as much as one-fourth to one-third of their total waking time working, making work and well-being central topics in organizational research. For many years, a popular assumption was that happy workers are more productive. Job satisfaction, therefore, has been widely studied in the field of organizational psychology. Not only does job satisfaction have important implications for workers, it also has been linked to indicators of organizational performance. It is widely acknowledged in the academic literature that employee job satisfaction is both an important cause and a consequence of individual job performance, team performance, and even overall organizational success. Recently, researchers found evidence of a relationship between employee satisfaction and economic performance at the national level, with employees reporting higher satisfaction in countries that are more economically successful. This suggests an important connection between economics and employee attitudes and behavior that may help account, in part, for national differences in global competitiveness and well-being. In this study, the relationships between economic performance indicators, unemployment (UE) and gross domestic product (GDP), and job satisfaction were examined using data collected between 1981 and 2014 from 45 countries. Data were collected from four international social survey projects including: European Values Survey, Eurobarometer, International Social Survey Program, and Life in Transition Survey. Pearson bivariate correlations, Pearson partial correlations, and regression analysis were used to test the hypotheses. Results revealed that job satisfaction was positively related to earlier and later GDP, and was negatively related to earlier and later unemployment. Eight mediation models were investigated, and evidence of full mediation was found for three models. Results showed that life satisfaction mediated the relationship between job satisfaction and both earlier and later GDP. Additionally, job satisfaction mediated the relationship between unemployment and later job satisfaction. Results of this study suggest that the relationship between economic performance and job and life satisfaction depends on the proximity of the performance indicator to the experience of workers.
Author:
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 66
Get Book Here
Book Description
Adults in the workforce spend as much as one-fourth to one-third of their total waking time working, making work and well-being central topics in organizational research. For many years, a popular assumption was that happy workers are more productive. Job satisfaction, therefore, has been widely studied in the field of organizational psychology. Not only does job satisfaction have important implications for workers, it also has been linked to indicators of organizational performance. It is widely acknowledged in the academic literature that employee job satisfaction is both an important cause and a consequence of individual job performance, team performance, and even overall organizational success. Recently, researchers found evidence of a relationship between employee satisfaction and economic performance at the national level, with employees reporting higher satisfaction in countries that are more economically successful. This suggests an important connection between economics and employee attitudes and behavior that may help account, in part, for national differences in global competitiveness and well-being. In this study, the relationships between economic performance indicators, unemployment (UE) and gross domestic product (GDP), and job satisfaction were examined using data collected between 1981 and 2014 from 45 countries. Data were collected from four international social survey projects including: European Values Survey, Eurobarometer, International Social Survey Program, and Life in Transition Survey. Pearson bivariate correlations, Pearson partial correlations, and regression analysis were used to test the hypotheses. Results revealed that job satisfaction was positively related to earlier and later GDP, and was negatively related to earlier and later unemployment. Eight mediation models were investigated, and evidence of full mediation was found for three models. Results showed that life satisfaction mediated the relationship between job satisfaction and both earlier and later GDP. Additionally, job satisfaction mediated the relationship between unemployment and later job satisfaction. Results of this study suggest that the relationship between economic performance and job and life satisfaction depends on the proximity of the performance indicator to the experience of workers.
Author: Morris Altman
Publisher: Routledge
ISBN: 1315500191
Category : Business & Economics
Languages : en
Pages : 462
Get Book Here
Book Description
This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy.Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.
Author: Reamonn Lydon
Publisher:
ISBN: 9780753015520
Category : Job satisfaction
Languages : en
Pages : 30
Get Book Here
Book Description
Author: Daniel S. Hamermesh
Publisher:
ISBN:
Category : Alienation (Social psychology)
Languages : en
Pages : 34
Get Book Here
Book Description
Author: Raymond A. Katzell
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 460
Get Book Here
Book Description
Interdisciplinary research report on factors affecting motivation, job satisfaction and productivity in the USA - examines management attitudes and practices, labour relations aspects, employees attitudes, management by objectives, workers participation and job enrichment, wage incentives issues, employment policy implications, etc. Bibliography pp. 369 to 413, glossary and statistical tables.
Author: Donna Brown
Publisher:
ISBN:
Category : Job satisfaction
Languages : en
Pages : 40
Get Book Here
Book Description
Author: Sumat Rajbhandari
Publisher: GRIN Verlag
ISBN: 3668463913
Category : Business & Economics
Languages : en
Pages : 128
Get Book Here
Book Description
Master's Thesis from the year 2016 in the subject Business economics - Business Management, Corporate Governance, grade: 67, , language: English, abstract: The research study has been intended to examine the relationship between employees’ job satisfaction and their on job performance and its impact on retention, turnover and execution evaluation framework at the Business Universal Development Bank Ltd. in Kathmandu, Nepal. Because of new regulations being recommended by NRB (Central Bank) for expanding four times capital of the banks and financial institutions (BFIs) to make their capital base stronger, BUD Bank has been confronting difficulties of (i) expanding four times its paid capital and (ii) channelizing the credits all the more proficiently and effectively. In the request to adapt to these circumstances, the employees need to expect the basic role by taking a couple of profitable and capable drives. For this, the management needs to review the employees’ present job satisfaction, and its impact on their performance, retention, and turnover for taking appropriate measures for further change on upgrading their execution to extend profitability. It has been endeavoured to audit different articles/ international journals displayed by various specialists/researchers/scholars on the points i.e. job satisfaction, and its impacts on job performance, retention, turnover, and performance evaluation. It is found that JS has the significant relationship with JP, retention, turnover, and performance evaluation. As indicated by authors Locke (1976); Olusola, Funmilola and Sola (2013); and Velnampy and Sivesan (2012), there are six to ten variables of job satisfaction and these have positive impacts on job performance, retention, turnover, and execution assessment. In any case, there are considered six variables (work assigned, salary, promotion, supervision, colleagues, and working environment) of job satisfaction proposed by Locke (1976) for this study. These variables are regular to all types of organisations. Olusola, Funmilola and Sola (2013) find in their study that these six variables of JS have significant positive effect on JP demonstrating the entirely great relationship between JS and JP.
Author: Rambøll Management
Publisher:
ISBN: 9788777359033
Category :
Languages : en
Pages :
Get Book Here
Book Description
Author: Edmund Phelps
Publisher: Harvard University Press
ISBN: 0674246667
Category : Business & Economics
Languages : en
Pages : 257
Get Book Here
Book Description
Nobel Laureate Edmund Phelps and an international group of economists argue that economic health depends on the widespread presence of certain values, in particular individualism and self-expression. Nobel Laureate Edmund Phelps has long argued that the high level of innovation in the lead nations of the West was never a result of scientific discoveries plus entrepreneurship, as Schumpeter thought. Rather, modern values—particularly the individualism, vitalism, and self-expression prevailing among the people—fueled the dynamism needed for widespread, indigenous innovation. Yet finding links between nations’ values and their dynamism was a daunting task. Now, in Dynamism, Phelps and a trio of coauthors take it on. Phelps, Raicho Bojilov, Hian Teck Hoon, and Gylfi Zoega find evidence that differences in nations’ values matter—and quite a lot. It is no accident that the most innovative countries in the West were rich in values fueling dynamism. Nor is it an accident that economic dynamism in the United States, Britain, and France has suffered as state-centered and communitarian values have moved to the fore. The authors lay out their argument in three parts. In the first two, they extract from productivity data time series on indigenous innovation, then test the thesis on the link between values and innovation to find which values are positively and which are negatively linked. In the third part, they consider the effects of robots on innovation and wages, arguing that, even though many workers may be replaced rather than helped by robots, the long-term effects may be better than we have feared. Itself a significant display of creativity and innovation, Dynamism will stand as a key statement of the cultural preconditions for a healthy society and rewarding work.
Author: C. J. Cranny
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 326
Get Book Here
Book Description
In this era of frequent corporate restructuring and rapid technological change, successful companies must have employees who are open to innovation and to changing roles, and are able to work together productively. Research shows that employees most likely to be adaptable, cooperative, and productive are those who are satisfied with their jobs. Therefore, it is essential that leaders of American business understand how to enhance job satisfaction within their organizations. In Job Satisfaction, top academic researchers in the field share state-of-the-art information on creating job satisfaction, its resulting benefits, and the risks of having too many employees who are dissatisfied with their jobs. As they show, job satisfaction is also an extremely useful predictor for management. An employee's level of job satisfaction is the single most important piece of data a manager or organizational psychologist can have to predict an employee's rate of absenteeism, decision to resign or retire, desire for union representation, or level of psychological withdrawal. Before they can enhance job satisfaction, managers must understand its components. Research demonstrates that an employee's level of satisfaction is based not only on events in the present and past, but also on his perceptions of the future. Foreseeing future opportunities for advancement, for increased pay, for participation in decision-making, or for networking lead to a high level of job satisfaction. In fact, the authors reveal, perceiving future opportunity can actually be more motivating than actually receiving a raise, getting promoted, or being given additional responsibilities. Job Satisfaction dispels the notion that jobstress necessarily leads to dissatisfaction, and shows how an organization should focus on increasing satisfaction rather than just reducing stress. It is especially important for managers to stimulate job satisfaction by improving their employees' sense of achievement through making tasks and their objectives clear, as well as giving feedback. Academics and managers alike will find Job Satisfaction a source of new and useful information for understanding and enhancing satisfaction on the job.
