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Author: Morris Altman
Publisher: Routledge
ISBN: 1000161447
Category : Business & Economics
Languages : en
Pages : 321
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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: Morris Altman
Publisher: Routledge
ISBN: 1000161447
Category : Business & Economics
Languages : en
Pages : 321
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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: Morris Altman
Publisher: M.E. Sharpe
ISBN: 9780765605917
Category : Business & Economics
Languages : en
Pages : 324
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Book Description
This work challenges some of the fundamental tenets of the "free market" economics that have had a profound impact on public policy and the American worker. The author shows that these myths are a product of unrealistic behavioural assumptions from "free market" economists about the worker.
Author:
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 66
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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: 1315500205
Category : Business & Economics
Languages : en
Pages : 320
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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
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Book Description
Author: Rambøll Management
Publisher:
ISBN: 9788777359033
Category :
Languages : en
Pages :
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Book Description
Author: Toshiaki Tachibanaki
Publisher: Palgrave Macmillan
ISBN: 9780333599051
Category : Business & Economics
Languages : en
Pages : 384
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Book Description
The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.
Author: Toshiaki Tachibanaki
Publisher: Palgrave Macmillan
ISBN: 9780312122737
Category : Business & Economics
Languages : en
Pages : 384
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Book Description
The book examines the effect of labor markets on economic performance from an international perspective. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance.The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the USA.
Author: Edmund S. Phelps
Publisher: Harvard University Press
ISBN: 0674244699
Category : Business & Economics
Languages : en
Pages : 257
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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: Donna Brown
Publisher:
ISBN:
Category : Job satisfaction
Languages : en
Pages : 40
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Book Description
