Essays on Salary Increase

Dan Price read in an article that employee happiness will increase when they are less stressed due to financial problems (Cohen, 2015). The result of this article is that Price publicly declared a planned increase in the compensation income of Gravity Payment employees, which will reach a minimum of $70,000 at the end of three years (Cohen, 2015). The problem with this perception is that it is contradicted by the study of Stevenson and Wolfers (2009, p.33) where the level of employee happiness within the United States will not increase despite an improvement in their income. Other studies ...

Problem Solving

Problem Solving

Introduction

The process of solving a problem involves six steps which include defining a problem, analyzing it, generating feasible solutions, choosing the best resolution, and implementing the solution (The problem solving process, n.d.). In this paper, I purpose to solve a scenario whereby I am studying my Bachelor’s degree to secure a promotion in my current company. Before completing my final exam, I am offered a supervision job with a guarantee of $15000 wage raise annually, a car allowance and relocation expenses. The other supervisors possess Master degree, and the job does not provide tuition repayment like ...

Problem Solving

GDRC (n.d) argues that problem solving process involves six steps that include problem definition, problem analysis, generating possible solutions, analyzing the solution(s), choosing the best solution(s) and planning the next course of action. I will adopt the six steps in order to resolve my problem.

My problem is to decide the best alternative of growing my income. I enrolled for a Bachelor’s degree with a view of increasing my chance of a promotion. Now that I am writing my final exam, I have received an offer from a competitor that leaves me in a dilemma. I ...

M 3/7 Topic: What kind of cultures were at war during 1920s? During 1920s two types of American cultures were at war: urban culture and rural culture. New urban culture was centered in cities and had such features as religious and ethnic pluralism due to immigration, new forms of mass entertainment (radio and motion pictures), liberated sexual rules. Rural culture concentrated in rural areas of America considered new urban culture not as an expansion of freedom, but as a threat to traditional values, religion and understanding of American freedom. An example of cultural wars was the Scopes trial (teacher ...

The Current Situation of the House of Lords

The House of Lords recently was challenged with negative publicity after the scandalous video of the former Lord and Chairman of Committee in the Lords, John Sewel, who was caught sniffing cocaine and indulging in immoral acts with three prostitutes according to the report of The Sun (Moyes, 2015). The scandalous report was followed with news questioning the travel allowances of about 20 peers in the House of Lords ranging from GBP 100,000 – GBP 200,000 each for five years even if they do not actively participate in the debate (Swinford, Wilkinson, and Leet, 2015). Some defended that ...

I. 1. The most important issue in taking any form of employment is whether it will involve something that I am interested or was trained to do. Second, a salary that is reasonably related to the positon and/or the work performed is important. Third, having independence to work without constant supervision (as long as my responsibilities are satisfied) would be important. Fourth, the ability have a flexible work schedule. Fifth, training and development opportunities that allow me to get better at what I’m doing would important. 2. My BATNA would be the non-guaranteed offer I received prior to ...

The business sector is one of the most challenging economical sectors in the global market. To be concise, the manufacturing sector is one of the most challenging business sectors the market. There are a lot of factors that are considered while making business decisions. These factors include, financial decisions such as cutting down on costs and improving sales. The Foxconn Company is a company that deals with the Apple Company. The company manufactures i-pods and i-pads for the Apple Company and it works collaboratively with other leading technology firms. The company has been surrounded by multiple controversies concerning employee welfare ...

MODULE LEADER’S NAME:

- Executive summary Jinnikins Jeans is a UK company established in early 2000 that sell designer clothes. The company’s directors have drawn much attention especially from the media due to their personal exploits, youthful entrepreneurism, and innovative use of internet for marketing. The company has in the past few years faced various challenges such as increased wage bill, low performance and reduced morale among various employees. This article examines the company’s approach to reward and the extent to which their approach is consistent with its business objectives. It also focuses on various theories of motivation including, instrumentality ( ...

The performance of any employee is also highly dependent on motivation. According to the four factors model of work motivation, performance, outcomes and satisfaction, several conclusions and inferences could be drawn. This model explains that any employee in an organization naturally starts working motivated. Decrease or eventual lack of work motivation is a behavior adopted in the course of time which is attributed to misunderstandings among workers or even unattainable and unrealistic expectations. In the case of Joe, when he was newly employed, he was hardworking and generated work of high quality. He would contribute ideas concerning firm development and ...

Disputes arise when there are conflicting parties. Every individual is unique in the mode of perception, feeling, and action. Due to these differences, conflict is most likely to occur (Mayer 4). According to Mayer, when individuals are presented with a situation, different opinions would emerge based on how each person perceives and interprets the situation. Human beings have egocentric biases and this would influence the perceptions, feelings and actions due to the fact that each individual would interpret the situation in a manner that favors his/her position. Due to these biases, conflict occurs; and, the greater the bias, the greater the ...

Is Performance-Related Pay a Proven Path to Improving Employee Performance and Job Satisfaction?

Introduction This paper is aimed at understanding whether performance-related pay can lead to improvement in employee’s performance and job satisfaction. In order to answer this question, it is first of all necessary to research the nature of this payment system, analyze the reasons why employers choose it for their organizations. It is also necessary to consider its types and analyze their advantages and disadvantages. Then, it will be possible to properly understand the ways, in which performance-related pay influences job satisfaction and performance of the employees. In order to do it properly, results of various studies will ...

The expectancy theory of motivation has been first developed by Victor Vroom in 1964. It attempts to explain the choice of behaviour, which individuals make in response to the motivational stimuli (Koontz & Weihrich, 2008). According to Vroom people try to achieve a goal only if they believe that the final result is worth their effort and if they understand the connection between their actions and the achievement of the final objectives. Therefore, motivation can be defined as a product of the anticipated value of the final result and the probability of achieving this result. Based on the expectancy theory, human ...