Define the terms job satisfaction

Assignment Help Business Management
Reference no: EM133088796

Those who have been in the workforce for many years often lament the job hopping of more recent entrants into the workforce. In their mindset, leaving an employer is not something to do lightly since employers invest money and effort into employees. Many see job hopping as a breach of an ethical understanding between employer and employee. Is it?

Lifelong commitment to one employer is a thing of the past. The Bureau of Labor Statistics reports that today, only 28 percent of women and 30 percent of men remain with their employer for 10 or more years, compared to 50 percent for both men and women in 1973. Compensation research firm PayScale found the average Millennial changes jobs every 2 years.

While the data may represent an upswing in job hopping, some of this movement is employer-driven. Some say that since lifetime job security and benefit packages such as rock-solid pensions and perpetual health benefits are long gone for most positions, employers have broken the ethical reciprocal relationship.

Some say the ethics of staying with an organization have dissolved. They argue Millennials have changed the employer-employee relationship because they emphasize the present over the future and place a great value on daily lifestyle. Similarly, some argue that, rather than career planning and promises of long-term career prospects, Millennials need more feedback and reassurance in order to feel they should stay with an organization.

The ethics of the situation may come down to expectations and perceived fairness. The data show the differences in expectations: 66 percent of Millennials say they want to switch careers at some time in their life, while 62 percent of Generation X members and 84 percent of baby boomers say they would prefer to stay at their current job for the rest of their lives. Andrew Leavitt, a 26-year-old who changed jobs a year after graduating college, said, "I mean, what kind of Millennial would work for the same company for their whole life?" Millennials seem to prefer no ethical obligation to stay with an employer, but expect an obligation for the employer to stay with them. According to Neil Howe, the individual credited with coining the term Millennial generation, Millennials expect "the perfect employer who will be their ally and take care of them."

This type of situation-where employers give employees what they want, but employees aren't ethically obligated to stay-doesn't sit well with many employers. "We prefer long-tenured employees who have stuck with us and been loyal," says Dave Foster, CEO of Avrea Foster, an advertising agency in Dallas. "It appears that a lot of Millennials don't think that one path is the answer. This is a problem because the commitment isn't there." No matter what the difference in values, it seems Millennials and organizations need to decide the ethical expectations for the modern employment relationship.

1. define the terms job satisfaction and organizational commitment. use an example from the case to assist with each definition.

2. comment on three reasons from the case, that may cause employees to leave their jobs.

3. what are four ways in which employees may express their dissatisfaction?

Reference no: EM133088796

Questions Cloud

Describe use of codified knowledge : Describe your use of codified knowledge when you research and write a term paper. Do you also use tacit knowledge regarding this activity? Discuss
Transcends or encompasses particular interests : Is it possible to discuss things like fairness and justice in a way that is non-partisan? That is, can we talk about, say, distribution of wealth and opportunit
Why is knowledge management particularly important : Why is knowledge management particularly important to a company that wants to learn and change continuously rather than operate at a stable state?
Root causes of unsustainability : -What are the four (4) root causes of unsustainability and apply a real-world business example for each, with sources.
Define the terms job satisfaction : While the data may represent an upswing in job hopping, some of this movement is employer-driven. Some say that since lifetime job security and benefit packages
Find the best value : Imagine you have $2,000 to buy or upgrade a computer system. Research hardware and software in computer magazines and on websites such as ZD Net. Visit a comput
What part of writing is ted reviewing : Ted has written a school paper and is ensuring that all of his supporting evidence, charts, tables, and data are included to support this idea.
Determine the total expected operating expenses : If sales are projected to be 8,000 units in September, determine the total expected operating expenses
What share of the company equity must the owners offer : What share of the company's equity must the owners offer as a minimum the debtors for that they will accept the conversion of their debt into equity figures

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd