Social factors that contribute to a diverse and equal society in which we live in
Rather, Equity, and the sense of fairness which commonly underpins motivation, is dependent on the comparison a person makes between his or her reward/investment ratio with the ratio enjoyed (or suffered) by others considered to be in a similar situation”(Balancing Employee Inputs and Outputs).
Adam’s Equity Theory is a model of motivation which basically states that employees will perform at a more productive rate if they feel that they are being treated fairly (Kreitner & Kinicki, 2010). Equity is achieved when a worker perceives their reward for their amount of work to be equal to that of a relevant worker. Negative inequity is perceived by the employee when the relevant worker receives greater rewards for the same amount of work. Positive inequity is perceived by the employee when the relevant worker receives fewer rewards for the same amount of work (Kreitner & Kinicki, 2010).
A recent survey conducted by Mercer Consulting Firm found that salary is the reward component most profoundly appreciated by employees; however, just 55 percent are happy with what they earn. When employees believe, they are being paid short of what
The term compensation refers to all forms of financial returns and tangible benefits that employees receive in exchange for their time, talents, efforts, performance, and results (Bernardin & Russell, 2013) Presumably, employees are motivated by the compensation they receive in all combinations to include their benefits packages. Naturally, employees want to be able to take care of their family to include having good medical coverage and other related benefits. Equity is said to occur when a person perceives that the ratio of his outcomes to his inputs is equal to other’s outcome/input ratio (Salvendy, 1976). Of course, employees want more money, and companies want more work out of each employee. With the cost of benefits like health insurance continuing to rise, companies have to take the higher cost of benefits into consideration when implementing pay
The United States Federal Communications Commission, also known as the FCC, introduced the Fairness Doctrine to make broadcasters report controversial issues of public importance in a manner that was equally balanced, honest, and fair. Broadcasting companies were required to provide a certain amount of airtime reporting accurate and fair information both for and against public issues. Broadcasters were not required to provide equal time for opposing views, but were required to present opposing viewpoints. Broadcasters were received broader boundaries as how to how they were to provide those opposing views. Because under the constitutional right of free speech, the government wanted to insure that broadcasting companies provided both
A Performance-Based Pay system is an increasingly popular compensation method used by organizations to increase productivity. A goal for all companies is to try and remain competitive and control costs, this is a reason for performance-based pay systems becoming more popular. This type of system attempts to link compensation to performance. (Gena Richter, 2002) These systems are directly tied to organization or individual performance and are most effective when based on objective measures of quantity or quality of performance. If we wish to have a direct impact on work motivation, it must be linked directly to the performance of desired behaviors. In order for to put this type of system into place, performance evaluations must be conducted regularly , as well as training and development for those with performance that isn't quite up to par. These additional resources will be necessary for our organization if we implement a performance based pay system. (William B. Bernathy, Ph. D., 2004)
Pay equity, another form of discrimination, is a concern throughout America. On average, women continue to earn much less than men earn (while performing the same work). There are two primary reasons for this travesty: Women anticipate shorter and more sporadic work lives, and women, on average, have less work experience than men (Kim). Women should receive equal pay for equal work despite any circumstances. In 2015, women earned a mind-boggling seventy-nine cents for every dollar that a man earned. This statistic demonstrated that there is a gender wage gap of almost twenty percent. Moreover, women must work until April 12th of a given year to earn what men earned in the previous year. To make matters worse, equal pay day for minority women
The themes of justice and fairness are coherent in the text “To Kill a Mockingbird” by Harper Lee. Justice and fairness play a significant role in how the story progresses and what eventually proceeds to the end of the book. In the text, Atticus Finch lives in Maycomb, Alabama with his two kids Scout and Jem. The premise is based on the fact that Atticus is a lawyer and is defending an African American man named Thomas Robinson who was accused of raping a young woman. A conclusion can be made at the end of the text that despite the unwavering dedication of Atticus Finch, the absence of evidence, and a moving courtroom speech, Thomas Robinson is consequently convicted of a crime he did not commit. Racism and prejudice plays a big factor in this due to the era in which the characters were living in. Due to this, fairness and righteousness (justice) are incoherent and the jury’s ruling causes both advocates of Robinson’s conviction and those who supported his claim of innocence to question their notions of justice and fairness. As if a false conviction is not sufficient, Mr. Robinson is thus killed and justice and fairness altogether seem quite inadequate. Harper Lee of “To Kill a Mockingbird” depicts these concepts of liberty to be violated throughout the text.
An average American employee must work for an entire year before he or she earns what the average American CEO earns in one day (Rezvani, Pirouz 6). The United States’ GINI coefficient, a measure of income inequality, sits at 0.590 – one of the highest marks in the entire developed world (4). A majority of wealth sits in the hands of less than one percent of the country and those lucky enough to fall under this percentage are catered to by politicians in search of reelection. That said, it is easy for one to wonder whether the “We the People” mantra has been replaced with a mantra of “We the Corporations” (10). Clearly, economic injustices transcend economic issues and affect more than a citizen’s bank account.
Social justice is defined as “justice in terms of the distribution of wealth, opportunities, and privileges within a society” (Oxford Dictionaries). In reality, social justice is so much more than its definition. It is the goal of equality attained through fair and unbiased treatment of the population. The United States of America has not reached this level of equality. Because of this, in order to attain true social justice, fair and unbiased treatment may require more than simply the same treatment. This makes the concept of social justice more complicated, as it extends through due processes of the law, human rights among minority races and gender. Social justice includes basic necessities, standards and rights that should be extended to all (Vasquez 2012). Social justice is an area that some countries, such as ____, would consider Americans to be privileged in. However, Americans, especially those who have never experienced social injustice tend to be blind to many social injustices that happen everyday in America.
Pay and Rewards – pay and rewards attract, motivate and retain staff. The employment contract which lists rewards, whether it be pay, bonus or benefits, can remove animosity amongst employees and employers. However, recent research reveals that employees are no longer motivated by a financial reward alone, but
There are very many factors that motivate employees to do outstanding work in their jobs. Though most of them are non-monetary factors like participative decision making, work teams, challenging jobs, goals in life or in the company, power and other factors. Most of the employees that emerge in their workplace, either in a small cubicle or a mega office have got some drive that enable them to perform in their work, but the key question is, is money is the key motivation in their workplace? In this essay both sides will be argued in order to find the answer to this (Robbins, Odendaal & Roodt, 2003).
While enhancing his career at a U.S steel manufacturer, Taylor designed workplace experiments in order to determine ideal performance levels. In one experiment, Taylor is hired as a management consultant to improve steel operations. He studied the simplest part of the process so he can prove that he can make it efficient. With this study, he promoted the idea of “a fair day’s pay for a fair day’s work”. What this means is that if a worker didn’t complete enough work in a day, he didn’t deserve to be paid as much as another worker who