Work Attitudes: The case of Job Satisfaction Basic assumption • The satisfied worker is a productive worker. Therefore a supervisors job is requires having a satisfied worker to unleash their potential. Assumes which leadership styles are best? Which style does not really care about job satisfaction? What is job satisfaction? • Affective or emotional response to one’s job. • Highlight emotional. Normal fluctuations. Why is the a leadership topic. • Human relation school of thought. Are you • Very satisfied, satisfied, dissatisfied, or very dissatisfied with your job. • Why? • Share in teams. • Focus on the differences of why people are satisfied and dissatisfied. 6-15 Correlates of Job Satisfaction Variables Related to Job Satisfaction Direction of Relationship Strength of Relationship Motivation Positive Moderate Organizational citizenship behavior Absenteeism Positive Moderate Negative Weak Tardiness Negative Moderate Withdrawal Cognitions Negative Strong McGraw-Hill Table 6-4 © 2004 The McGraw-Hill Companies, Inc. All rights reserved. 6-16 Table 6-4 cont. Correlates of Job Satisfaction Variables Related to Job Satisfaction Direction of Relationship Strength of Relationship Turnover Negative Moderate Heart Disease Negative Moderate Perceived Stress Negative Strong Pro-union Voting Negative Moderate Job performance Positive Moderate McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. 6-17 Table 6-4 cont. Correlates of Job Satisfaction Variables Related to Job Satisfaction Direction of Relationship Strength of Relationship Life satisfaction Positive Moderate Mental health Positive Moderate McGraw-Hill © 2004 The McGraw-Hill Companies, Inc. All rights reserved. 6-18 Example of Direct Costs of Employee Turnover Table 6-5 Activity Cost Newspaper ads $8,000 Search firm fees $10,000 Interview costs $4,000 Managerial time $4,000 Work put on hold $2,000 Overload on team $4,000 McGraw-Hill Training for new employee $6,000 © 2004 The McGraw-Hill Companies, Inc. All rights reserved. Example of Direct Costs of Employee Turnover Activity $8,000 Lowered office morale $2,000 Loss of other employees $3,000 Signing bonus & other perks $6,000 Relocation expense $7,000 The Final Tab Table 6-5 cont. Cost Lost contracts, customers, and or accounts McGraw-Hill 6-19 $64,00 0 © 2004 The McGraw-Hill Companies, Inc. All rights reserved. Ways to build job satisfaction • Discrepancy models. Expectation levels and expectation are exceeded satisfied or not met dissatisfied. Goal orientation. • Thus, Realistic job previews. • Hedonic treadmill. Values • Work situation represents values that are important to you. Person-organization fit, person job fit. GEs values Passion for Our Customers: Measuring our success by that of our customers...always driven by Six Sigma quality a spirit of innovation – Meritocracy: Creating opportunities for the best people from around the world to grow and live their dreams – Growth Driven, Globally Oriented: Growing our people, markets and businesses around the world – Every Person, Every Idea Counts: Respecting the individual and valuing contributions of each employee – Playing Offense: Using the advantages of size to take risks and try new things...never allowing size to be a disadvantage – Embracing Speed and Excellence: Using the benefits of a digital age to accelerate our success and build a faster and smarter GE Culture of Target • You are a person that will love our fun and challenging work environment. You are a performance-driven risk-taker and will be encouraged to succeed. You appreciate feedback because it contributes to your professional development and growth. You are part of a socially responsible organization that gives more than $2 million a week to the communities it serves. Salesperson • Autonomy • Fast paced • Results oriented Procedural justice • Informed of how resources were going to be distributed. • Similar opportunities for all to get resources. • Resources distributed in unbiased manner. • If problems occur, right of grievance. All can be relevant components to job satisfaction. • • • • Which is most important to you and why? Outcomes goal orientation. Values Equity. Challenges of non authority compliance leaders. • Try to match ways you can keep people most satisfied. Equity driven organization. • Strong values? • Are leaders straight, clear and honest. What to expect, when to expect it, how to get it.