Chapter 4
Chapter 4
CHAPTER 4
VALUES, ATTITUDE AND JOB SATISFACTION
VALUES
VALUES
• Inform you on how you can conduct your life in a meaningful way. Globalization
raises awareness of and sensitivity to differences in values across cultures.
• Values represent a powerful potential way to keep employees’ decisions and actions
aligned with corporate goals. Organizations are under increasing pressure to engage
in ethical practices.
Value System
Value system – The set of standards by which an individual lives.(ranked in a
hierarchical order in terms of their intensity)
Value changes over the years are a major part of the generation gap.
Life Experiences : values are learnt directly from an individual’s life experiences
involving various influences.
Others: school, society, friends, TV, religion, music, books, culture, employers, national
culture, parental dictates, teachers, friends, and similar environmental influences. etc.
Values
Values can be classified into Two main categories:
Terminal values : Goals that individuals would like to achieve during their lifetime
Examples?
• sense of accomplishment, happiness, pleasure, salvation, and wisdom Happiness
(contentedness)
• Inner harmony (freedom from inner conflict)
• Mature love (sexual and spiritual intimacy)
• Salvation (saved, eternal life)
• Self-respect (self-esteem)
• Social recognition (respect, admiration)
• True friendship
Instrumental Values
They are the desirable modes of behavior that help people reach terminal values.
Some instrumental values include being polite, courageous, self controlled, helpful,
hardworking, responsible, polite etc.
Personal Values
Personal values are principles that define you as an individual.
Personal values, such as honesty, reliability, and trust, determine how you will face the
world and relate with people.
Social Values
Social values are principles that indicate how you relate meaningfully to others in
social situations, including those involving family, friends, and co-workers.
Work Values
Work values are principles that guide your behaviour in professional contexts.
They define how you work and how you relate to your co-workers, bosses, and clients.
They also reveal your potential for advancement.
Cultural Differences in Values
Values differ across cultures . This is particularly important as companies develop global
operations and information technology increases the frequency of cross cultural
communication.
Five values account for a large portion of the differences in values across
cultures. They include
• Individualism versus collectivism – refers to the degree that people value their
personal versus group goals. In China it is Low but in USA it is very high.
Short-term orientation : places more emphasis on the past and present, such as
respect for tradition and fulfilling social obligations.
Loyalty and Ethical Behaviour
Loyalty:
It refers to a feeling or attitude of devoted attachment and affection. The more loyal
an employee is towards an organization, the higher the level of unethical behavior.
This is because a loyal employee will not like to embarrass his organization in public.
Ethical Behaviour
This refers to conduct that organizations expect their employees to hold while at work.
• Conscientious
• Agreeableness
• Self-concept
• Emotionally unstable
• Open to new experiences
• Positive attitudes
2. Moral development
• Preconvention
Self-interest motivates behavior to meet one’s own needs to gain rewards while
following rules and obedience to authority to avoid punishment.
Levels of moral development
• Conventional
These are general guidelines to ethical decision making. There are three
ethical principles;
1.Utilitarianism
principle that advises people to seek the greatest good for the greatest
number of people.
Also known as consequential principle – focuses on the consequences of
our actions, not on how people achieve those consequences.
Which option would you pick under utilitarianism?
Ethical Principles
2.Individual rights
Belief that everyone has entitlements that let them act in a certain way.
Widely cited rights are freedom of movement, physical security, freedom of speech,
fair trial, and freedom from torture.
Potential problem : individual rights may conflict with others
3.Distributive justice
This is based on the concept of inequality. It suggests that inequality is acceptable if:
Everyone has equal access to the more favoured positions in society, AND
The inequalities are ultimately in the best interest of the least well off in society.
Attitude
Evaluative statements or judgments concerning objects, people, or events.
1.Job Involvement
It measures the degree to which a person identifies psychologically with his or her job
and considers his or her perceived performance level important to self-worth.
2.Organizational Commitment
a state in which an employee identifies with a particular organization and its goals, and
wishes to maintain membership in the organization.
(Meyer and Allen: We have three types of commitment- Normative, Continuance and
Affective)
Types of Commitment
3. Job Satisfaction
It refers to an individual’s general attitude toward his or her job. it describes how
content an individual is with his or her job
• Discrepancy Theory
It states that the level of job satisfaction is determined by the gap between
what a person expects to receive and what is actually received.
Job dissatisfaction occurs when the received condition is less than the
expected condition.
Model of Job Satisfaction
• Equity Theory