Worker Satisfaction And Economic Performance

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Worker Satisfaction And Economic Performance

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Author : Morris Altman
language : en
Publisher: M.E. Sharpe
Release Date : 2001

Worker Satisfaction And Economic Performance written by Morris Altman and has been published by M.E. Sharpe this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business & Economics categories.

This work challenges some of the fundamental tenets of the "free market" economics that have had a profound impact on public policy and the American worker. The author shows that these myths are a product of unrealistic behavioural assumptions from "free market" economists about the worker.

Worker Satisfaction And Economic Performance

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Author : Morris Altman
language : en
Publisher: Routledge
Release Date : 2020-08-26

Worker Satisfaction And Economic Performance written by Morris Altman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-08-26 with Business & Economics categories.

This book challenges some of the fundamental tenets of "free market" economics that have had a profound impact on public policy and the plight of the American worker. These include the beliefs that high wages inevitably mean low profits; that a "free" market will automatically reduce discrimination and pay inequality; that anti-trust legislation hinders competitive market forces; and that minimum wage laws and trade unions negatively impact the economy. Using both theoretical analysis and real-life examples, the author shows that these myths are a product of unrealistic behavioral assumptions on the part of "free market" economists about the typical worker. In fact, as the author makes clear, the level of workers' satisfaction with their jobs, as a reflection of how well they are paid and treated by their employers, has a direct impact on the quality level of the products they produce and, inevitably, the economic performance of the firms.

The Relationship Between Job Satisfaction And Economic Performance

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Author :
language : en
Publisher:
Release Date : 2016

The Relationship Between Job Satisfaction And Economic Performance written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016 with Electronic books categories.

Adults in the workforce spend as much as one-fourth to one-third of their total waking time working, making work and well-being central topics in organizational research. For many years, a popular assumption was that happy workers are more productive. Job satisfaction, therefore, has been widely studied in the field of organizational psychology. Not only does job satisfaction have important implications for workers, it also has been linked to indicators of organizational performance. It is widely acknowledged in the academic literature that employee job satisfaction is both an important cause and a consequence of individual job performance, team performance, and even overall organizational success. Recently, researchers found evidence of a relationship between employee satisfaction and economic performance at the national level, with employees reporting higher satisfaction in countries that are more economically successful. This suggests an important connection between economics and employee attitudes and behavior that may help account, in part, for national differences in global competitiveness and well-being. In this study, the relationships between economic performance indicators, unemployment (UE) and gross domestic product (GDP), and job satisfaction were examined using data collected between 1981 and 2014 from 45 countries. Data were collected from four international social survey projects including: European Values Survey, Eurobarometer, International Social Survey Program, and Life in Transition Survey. Pearson bivariate correlations, Pearson partial correlations, and regression analysis were used to test the hypotheses. Results revealed that job satisfaction was positively related to earlier and later GDP, and was negatively related to earlier and later unemployment. Eight mediation models were investigated, and evidence of full mediation was found for three models. Results showed that life satisfaction mediated the relationship between job satisfaction and both earlier and later GDP. Additionally, job satisfaction mediated the relationship between unemployment and later job satisfaction. Results of this study suggest that the relationship between economic performance and job and life satisfaction depends on the proximity of the performance indicator to the experience of workers.

Economic Growth And The High Wage Economy

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Author : Morris Altman
language : en
Publisher: Routledge
Release Date : 2013-06-26

Economic Growth And The High Wage Economy written by Morris Altman and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-06-26 with Business & Economics categories.

This book provides a theoretical framework to better understand how firms, economies and labor markets have evolved. This is done in a reader-friendly fashion, without complex mathematical arguments and proofs. Economic Growth and the High Wage Economy shows how high wage economies help make firms and economies more productive and why high wage economies can be competitive even in an increasingly globalized environment. It also demonstrates why concerns that labor supply will dry up as wages increase and social benefits rise are largely based on impoverished economic reasoning. The first chapters provide a theoretical basis for the rest of the book, showing for instance how higher wages are prone to increasing the level of economic efficiency by getting people to work harder and smarter (mainly smarter). Altman also explains that our understanding of technological change can be markedly improved by modelling technological change as a product of higher wages and improved working conditions and other shocks to the economic system. As the book develops, it is shown that increasing and high levels of income inequality are not necessary for growth and development, because the economic ‘pie’ grows when the economic wellbeing of the lower half and even the middle improves. The evolution of the state can also be better understood by applying this analytical framework. So too can the persistence of inefficient systems of production and cultural traits that appear to be inconsistent with economic prosperity. On top of this, the book examines the implications of Altman’s theoretical framework for macroeconomic analysis and policy. Finally, it is shown that labor supply can be better understood by introducing target income into the analytical mix. The main contribution of this book is providing the theoretical underpinning for why relatively high wages and, moreover, competition with high wages is good for dynamic growth and development. This work establishes why an alternative model of labor supply, based on the notion and reality of target income, does a better job of explaining the evolution of labor supply. The latter also reinforces the view that increasing wage and workers’ benefits should not be expected to damage the economy, even in the realm of labor supply. This book will be of interest to public policy experts, trade unions, human rights experts and scholars of behavioural economics, labour economics and globalization.

Law And Economics

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Author : Margaret Oppenheimer
language : en
Publisher: Routledge
Release Date : 2015-06-01

Law And Economics written by Margaret Oppenheimer and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-06-01 with Business & Economics categories.

The economic analysis of legal and regulatory issues need not be limited to the neoclassical economic approach. The expert contributors to this work employ a variety of heterodox legal-economic theories to address a broad range of legal issues. They demonstrate how these various approaches can lead to very different conclusions concerning the role of the law and legal intervention in a wide array of contexts. The schools of thought and methodologies represented here include institutional economics, new institutional economics, socio-economics, social economics, behavioral economics, game theory, feminist economics, Rawlsian economics, radical economics, Austrian economics, and personalist economics. The legal and regulatory issues examined include anti-trust and competition, corporate governance, the environment and natural resources, land use and property rights, unions and collective bargaining, welfare benefits, work-time regulation and standards, sexual harassment in the workplace, obligations of employers and employees to each other, crime, torts, and even the structure of government. Each contributor brings a different emphasis and provides thoughtful, sometimes provocative analysis and conclusions. Together, these heterodox insights will provide valuable supplementary reading for courses in law and economics as well as public policy and business courses at both the graduate and undergraduate levels.

Job Satisfaction And Performance Appraisal

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Author : Dr. Laxmikant Nandkishor Soni and Prof. Dr. Rajaram Sakharam Pawar
language : en
Publisher: Ashok Yakkaldevi
Release Date : 2023-03-23

Job Satisfaction And Performance Appraisal written by Dr. Laxmikant Nandkishor Soni and Prof. Dr. Rajaram Sakharam Pawar and has been published by Ashok Yakkaldevi this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-03-23 with Art categories.

TECHNICAL EDUCATION covers courses and programmes in engineering, technology, management, architecture, town planning, pharmacy and applied arts and crafts, hotel management and catering technology. The World’s largest democracy, India, has shown a tremendous growth of its techno-economic ability, over the last 64 years of Post- Independence era, sustaining an economic growth of 7 to 8% during the last 10 years, attaining self reliance in strategic sectors and in key areas including food security, making Indian economics of the world and above all making India proud by meeting the requirement of specialized and technical manpower of the advanced nations of the world for their outsource and qualified and skilled man power to manage the businesses, knowledge industries and research centres, both in India and abroad.

Labour Market And Economic Performance

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Author : Toshiaki Tachibanaki
language : en
Publisher: Springer
Release Date : 2016-01-06

Labour Market And Economic Performance written by Toshiaki Tachibanaki and has been published by Springer this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-01-06 with Business & Economics categories.

The book examines the effect of labour markets on economic performance in an international perspective; Europe, Japan and the US. Labour markets are an important determinant of the performance of both national economies and individual firms, as well as employment rewards such as wages and satisfaction levels. Many countries in Europe suffer from a high level of unemployment. The US economy suffers from low real income growth and widening wage dispersions. The level of worker satisfaction in Japan is relatively low despite her relatively better economic performance. The purpose of this book is to investigate these issues, and to provide readers with explanations of these phenomena and the differences in the performance of labour markets in Europe, Japan and the US. The book includes both theoretical and empirical studies of various countries undertaken by leading labour and macro economists, and presents several policy suggestions.

Proceedings Of The 9th International Conference On Accounting Management And Economics 2024 Icame 2024

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Author : Mursalim Nohong
language : en
Publisher: Springer Nature
Release Date : 2025-08-30

Proceedings Of The 9th International Conference On Accounting Management And Economics 2024 Icame 2024 written by Mursalim Nohong and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2025-08-30 with Business & Economics categories.

This is an open access book. The Integration of Blue-Green Economy & Business for Sustainability.

Job Creation And Local Economic Development 2024 The Geography Of Generative Ai

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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2024-11-28

Job Creation And Local Economic Development 2024 The Geography Of Generative Ai written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-11-28 with categories.

Regions across the OECD face a range of labour market challenges and are undergoing a significant transformation. An ageing workforce, low labour productivity growth, persistent regional disparities, pervasive labour shortages, and new technologies will require both people and places to undergo transitions. This report, Job Creation and Local Economic Development 2024: The Geography of Generative AI, examines the health of regional and local labour markets, including through new estimates on regional labour shortages and their drivers. New tools and technologies, such as Generative AI, could help policymakers address these challenges and seize new opportunities for job creation and local economic growth. This report provides novel evidence of the geography of the impact of Generative AI on jobs across the OECD. It examines which places within countries and types of workers are most exposed to Generative AI and contrasts this with the labour market impact of past waves of technologies that drove automation. Finally, it discusses local and place-based actions and policies for seizing the benefits of Generative AI, such as boosting productivity, mitigating labour shortages and demographic change, as well as for mitigating risks of job displacement.

Research In Personnel And Human Resources Management

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Author : John E. Baur
language : en
Publisher: Emerald Group Publishing
Release Date : 2019-07-15

Research In Personnel And Human Resources Management written by John E. Baur and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2019-07-15 with Business & Economics categories.

This volume, written by thought leaders in the field of human resources management, focuses on human resources branding, innovation and creativity in HRM, high involvement work systems, work home boundary permeability, the emerging concept of grit, and data visualization issues in human resources management.