6-1
An individual’s beliefs about what is right and wrong and what is good and bad
Ethics
The process of monitoring & adjusting the organization's workforce to its optimal size & composition
Rightsizing
Terminating employees whose services are no longer desired
Involuntary turnover:
The feeling of being unhappy with one’s job. It is a major cause of voluntary turnover.
Job Dissatisfaction
What happens to employees during a merger or acquisition?
Concerns about the job
What do ethical scandals cause?
Questions about ethical training & manager capabilities
Refers to hours worked above the normal 40-hour workweek, for which there is usually a pay premium
Overtime
Refers to following unacceptable behavior with some type of negative consequences
Punishment
An event that can be either positive or negative but is so profound that it causes the employee to think about the organization, the job, and how he or she fits with both
Shock model
How can HR reduce stress during a merger?
Provide realistic information
This factor can vary across countries, influencing what is considered acceptable or unethical behavior in business
Cultural Context
An organization paying a fee to a leasing company that provides a pool of employees who are available on a temporary basis
Employee Leasing
States that an employer can terminate any employee, at any time, for any reason (good or bad), or for no reason at all
Employment at will
Employee behaviors that are beneficial to the organization but are not formally required as part of an employee’s job
Organizational citizenship behaviors (OCBs)
What can a merger threaten in an employee?
Self-identity
Organizations often develop these to publicly communicate their stance on ethics and ethical behavior
Codes of Conduct
Perceptions that the process used to determine the outcomes were fair
Procedural Justice
The first step in most progressive disciplinary programs– are cautions conveyed orally to the employee
Verbal warning
Most commonly used standard; assesses satisfaction with specific job aspects like pay, work, and supervision
Job Descriptive Index (JDI)
Do mergers & acquisitions usually fail or succeed?
Fail
What program was created to help major banks & financial institutions in 2009?
Troubled Asset Relief Program (TARP)
The quality of the interpersonal treatment people receive when a decision is implemented
Interactional justice
Part of a progressive disciplinary program, a suspension is a temporary layoff, usually with pay, when there is an ongoing investigation
Suspension
Pre employment previews that provide accurate and realistic information to the job applicant
Realistic Job Previews (RPJs)
What does a merger need to be successful?
Employees identifying with the firm