Flashcards About MGMT Chapter 8
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Job Characteristics Model
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the way elements of a job are structured LED to increases or decreases in employee effort
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Skill Variety, Task Identity, Task Significance, Autonomy, Feedback
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Jobs are described in these five core dimensions
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Job Rotation
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the periodic shifting of an employee from one task to another
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Job Enrichment
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increasing the degree to which the worker controls the planning, execution and evaluation of the work
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Flextime
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some discretion over when worker starts and leaves
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Job Sharing
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two or more individuals split a traditional job
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Telecommuting
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Work remotely at least two days per week
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Interdependence, Social support, interactions with people outside the workplace
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Social characteristics that improve job performance
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Employee Involvement
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a participative process that uses employee input to increase their commitment to the organization's success
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Participative Management
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subordinates share a significant degree of decision-making power with superiors
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Representative Participation
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workers are represented by a small group of employees who participate in decisions affecting the personnel
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Internal Equity
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Worth of the job to the organization
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External Equity
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The external competitiveness of an organization's pay relative to competitor's pay
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Piece-Rate Pay
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-Workers are paid a fixed sum for each unit of production completed -Usually found in the manufacturing function
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Merit-Based Pay Increases
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Pay is based on individual performance appraisal rating. Higher performers get bigger raises/slugs stagnate
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Skill-Based PAy
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Pay is based on skills acquired instead of job title or rank
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Profit-Sharing Plans
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-Organization-Wide programs that distribute compensation based on an established formula designed around profitability -Stock options
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Gain-Sharing
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-Compensation based on sharing of gains from improved productivity -One period to the next -Ties rewarded to productivity gains not profit gains
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Employee Stock Ownership Plans
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-Plans in which employees acquire stock, often at below-market prices -Potential to increase job satisfaction, and motivation
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-Skill variety -Task Identity -Task Significance
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In the job characteristics model, which three core job dimensions combine to create meaningful work?
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subordinates share a significant degree of decision making power with their immediate superiors
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Participative management is a method of management where ___________.
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Employees are rewarded for recent performance of a company
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What is an advantage of bonuses over a merit-based pay?
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Recognition
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According to research findings, which of the following is more likely to be motivating for the employees in the long run?