Lecture 7 Flashcards
Life Satisfaction after unemployment
especially difficult for
takes years to get back, especially difficult for conscientious people
2 Jobs Loss is devastating because __ Impacts
Financial
Non-Financial
Separation types, sub-types
Negative or no correlation
Separation -> Voluntary or Involuntary
Voluntary = Quit
Involuntary = Downsizing or Termination
Quit or Downsizing = Negative
Termination = no correlation
3 forms of prevention for termination
- Selection
- Performance Management
- Development
3 Ways to prevent termination
- Prevent it
- Establish Clear rules and procedures
- Fair and consistent application
Downsizing Lies-
but
Stock price
Cost
Productivity
Profitability
Overall organizational performance has no correlation
Downsizing is particularly bad if
- (Industry) R and D intensive
- (Industry) Growing
- (Industry) low capital intensity - since humans add more value
9 Speed/Human Suffering
1. (fast/high) Downsize Pay Reduction Demotion 2. (fast/mod) Transfers work sharing 3. (slow/low) hire freeze natural attrition early retirement retraining
2 To minimize the pain of downsizing, manage_
- Perception of fairness
2. Stress before and after
3 After downsizing, perceived control instead of perceived threat by Perceived control
Involvement
Opportunities to Succeed
Access to Decision Makers
Responses to PC breach (destructive/constructive)
(Passive/Active)
Exit Voice
Neglect Loyalty
3 When do people choose to exit in response to PC
breach?
Low procedural justice
Insufficient justification
Desirable alternatives
Controlled motivation
Autonomous motivation
Extrinsic
Intrinsic
Introjected is closer to
Identified is closer to
controlled/extrinsic
intrinsic/autonomous
