Psychological Contract Of Generation Y Management Essay

Psychological Contract Of Generation Y Management Essay The mutual expectations people have from one another in a relationship of employer employees are commonly referred to as a psychological contract. The content of these contracts can be changed over time and can affect the behavior of the two. The origins of these psychological contracts go beyond thousands of years back. Amidah (1998) was one of the initial writers who used the term psychological contract as the mutual understanding between employees and their employers. The psychological contract between employers and employees related to job security has been facing changes due to the economic down grading. The increasing rate of short term and contractual employment has forced employees to seek self actualization sort of psychological contracts. The changing nature of psychological contracts of generation Y has certain implications on organizations which have always been interesting to a workforce committed to the organizational goals and objectives. According to recent literature, psychological contract is an individuals beliefs necessary to perform commitment that may exist between employee and the organization (Lester, Turnley et.al. 2002). Individuals perception and expectations from the organization in terms of receiving benefits, wages and opportunities against the services provided to the organization by the employee used to form the foundation of any psychological contract (Lester, Turnley et.al. 2002). The inherent perceptual nature of the psychological contract between employers and employees may have contrasting implication about obligations of the contract (Lester and Kickul, 2001). Nowadays companies are more focused on the achievement of corporate goals and profit margins while noticing stock market prices because of the competitive business environment all around the world (De Meuse, Bergmann et. Al., 2001). This is because of the fact that world has seen the problem of corporate downsizing, restructuring and mergers since 1980s and 1990s (De Meuse, Bergmann et. al 2001). This current scenario of doing business has absolutely changed the nature of employee and employer contract and the demand of this relationship. In past, these psychological contracts were of long term where employees were committed with an organization where they continued to learn as well as they got high job ranking but now the psychology of the contract has seen changing nature because of the availability of short term employment with upscale designation for professionals and technical workers (Smithson and Lewis, 2000, Lester and Kickul, 2001). Hiring of high skilled professional(s) for specific task completion is one of the emerging trends in business community (Lester and Kickul, 2001) and consequent termination of the staff with the attainment of work objectives. This phenomena has made the modern workplace a source of stress and extra work load and job insecurity and decreased commitment to organizational goals and objectives in return (De Meuse, Bergmann et. al). The need of personal growth, development of transferable skills, networking opportunities and career management for immediate job has been gaining potential among professionals due to the current scenarios of job insecurity (De Meuse, Bergmann et.al., 2001, Lester and Kickul, 2001). The changing environment of employment has considered another driver of the change in nature of psychological contracts of generation Y. The previous employees to employer psychological contracts were relational in nature and their specific features were trust, respect and loyalty between the employee and the employer. But this new insecure job environment has randomly changed the nature of psychological contract from relational to transactional nature. This transactional exchange has been defined by De Meuse and Begmann et.al (2001) as an explicit or an implicit promise having capacity of maintaining information about monetary remuneration available to employee against his services to the organization. This periodical change in nature of psychological contract was predicted by Rousseau and Parks in a research conducted during 1993 with explanation of change in the nature of contract from relational to transactional in case of occurrence of any violation of the contract. However, it is important to maintain the equilibrium of trust between the employee and the employer either in relational psychological contract or in transactional psychological contract. But in present situation of job insecurity it is hard to have any trust on employer or employee. Therefore, the lack of job security has brought the concentration of employee to acquire transferable skills and techniques and contracts of transactional type (De Meuse, Bergmann et al). Impacts of the changing nature of psychological contract of generation Y on organizations With the emergence of new markets, competitors and technologies have been increasingly changing the behavior of organizations towards the hiring of skilled employees at every level of the organization (Lester and Kickul, 2001). Businesses of today are only selecting skillful employees for short term periods to make their projects accomplished by utilizing the skills and expertise of professionals (Lester and Kickul, 2001). It is because of the use of new technologies in business processes and to get competitive edge in the market. To achieve this desired level, organizations have to keep track of professionals and motivated and committed workforce to efficiently achieve their goals. It has been studied that changing nature of psychological contracts is because of the reducing commitment of employees due to job insecurity and enhanced competition faced by todays employers (Bunderson 2001, Lester and Kickul, 2001). However, high level of commitment and satisfaction is enjoyed by the employees who have long term psychological contract as per studies conducted during 1998. There are measures to be taken by the organization to retain and motivate their employees even on presence of economic pressure and new organizational structure (Lester and Kickul, 2001). The level can be achieved by just understanding the elements of psychological contracts as well as the fact that it is a continually changing and evolving contract and organizations have the right of making a choice regarding an employee to get committed and motivated workforce and employment. According to Maslows hierarchy theory, the highest need for humans is self-actualization. Lester and Kickul (2001) states that today  employees are  becoming increasingly aware of the non-monetary rewards that companies are willing to provide  in exchange for their skills. This suggests that employees are now at a point in time where they are able to seek out the self-actualization. Self-esteem or self actualization is the highest need of humans as stated by Maslows hierarchy theory. Employees are increasingly getting awareness of the behavior of organizations of giving non-monetary rewards to employees against the skills of professionals and technical persons (Lester, Kickul, 2001). This is the time when it can be suggested that employees are gradually heeding towards the state of self actualization. Stalker (2000) stated that successful companies of the day are keeping balance between the needs of the employee and the needs of the organization. To achieve this, companies are needed to maintain a balance between their efforts and time investment. Managers are responsible to achieve this balance while keeping the workforce committed and motivated (Lester, Turnley et, al., 2002). It is a fact that nowadays job insecurity has made psychological contracts a dynamic and evolving one and can be handled by the organization by just understanding the causes of changes and timely changes in the contract according to the needs and demand of the sources (Lester and Kickul, 2001). Lester and Kickul (2001) shows that a  proactive approach to the psychological contract is likely to reduce an employees intention to leave since their needs are more likely to be met by the organization. The other step that can be an effective support to minimize the gap of psychological contract is communication. Better and timely communication between the contracting bodies can reduce the conflict and can reduce the gap of psychological contracts (Lester and Kickul, 2001). Open book management techniques are an effective communication tool between the organization and employees and help in the formation of an effective communication framework for the organizations. Successful organizations are required to start working on the psychological contract before the hiring of the employee. The organizations publications, interview processes, contract negotiation and orientation processes are some of the ways that can help the organizations to make better changes in the psychological contract and keep it up to date (Niehoff and Paul 2001). An organizations publications and literature creates the first impression of the values espoused by the employer.  The interview process then establishes an image of the organization for potential employees (Niehoff, Paul, 2001), while promoting expectations  ranging from the tangibles  such as pay and benefits,  to the intangibles such as  treatment of employees or degree of empowerment etc (Niehoff, Paul, 2001). As suggested by Niehoff and Paul (2001), by  providing Realistic Job Previews such as that done by Cisco Systems  (Lester and Kickul, 2001), candidates can be given a  clear and realistic view of the actual expectations of the duties, work hours and performance levels  (Niehoff and Paul, 2001).  The negotiation process after an offer is made to a candidate  provides a further  opportunity to clarify the specific details of the expectations of both parties  (Niehoff, Paul, 2001). Finally the orientation program (either formal or informal) gives an o pportunity to re-enforce the psychological contract that has been formed. By having all of these in line with each other and in line with the companys expectations allows the company to form a contract that is more likely to be clearly understood by both parties and has a less chance of being breached. Conclusion Changed psychological contract is the demand of the modern economic environment. It is the demand of both the organization and employees. The psychological contract of generation Y are more transactional and related to self actualization. This change in the nature of the contract has been considered by the management of an organization and employees with the increasing demand of giving more time and effort in the formation of psychological contract acceptable to the organization and employees. As it has been seen that psychological contracts are formed on the basis of trust but it can be strengthened by the two following factors: Internal factors External factors Internal factors can be the individuals perception that can be the outcome of his or her cultural behavior. But external factors include situations that how the organizations are shaping their policies in the interest of employees and how much they are acknowledging the perceived obligations according to the formal contract of employment with those professionals or skilled technicians. These measures can be used to determine the commitment of employees to the organizational goals and objectives and any violations can lead to job satisfaction depletions actions. However, the choice to be in employment contract can be up to individual employee. The long lasting employer to employee relationship can only be possible if there is a strong build up credibility between employer and employee. This credibility can give the contract more and more reliance and can be effective to build up a long lasting relationship. Psychological contract will remain strong till the time they remain in favor of the employees orientation towards the life and can be the source of strong commitment of the individuals to be or not to be the part of an organization. But with the change and any amendments in organizational structure, strategy, and the job role, the individual can shift to new works and job roles and this new work role can be the source of better return on relationship (ROR) than on return on investment (ROI). Strong and reliable psychological contract can provide the organization with a healthy and fruitful relationship between employee and employer that would be helpful in the sustainability of the organization. Whatsoever it can be better concluded in a way that changing nature of psychological contract of generation Y is only the result of changing nature of job environment and increasing insecurity to jobs. Therefore employees have transformed their interest from signing relational contract to transactional contract. This transformation of contract nature has caused the o rganization to bear the loss of committed and loyal workforce for long period of time on one hand while getting benefit of having highly skilled professionals for the completion of their project within short period of time.

My personal Workplace Observation Paper Essay

A great deal can be learned about an organization by analyzing and exploring the various aspects of an organizational observation. Currently I am employed at This ‘nÂ’ That, a discount retail store, which focuses on providing customers with quality products at a below market price. Organizational diversity, dress and language, and communication flow are all factors that influence my organizations culture. There are several factors that shape diversity in my workplace. Diversity can be a beneficial attribute or can cause dilemmas in the workplace. At This ‘nÂ’ That all the various factors of diversity are present, embraced and accepted. All of our staff at This ‘nÂ’ That has value for one another and are seen as equals. This allows for unproblematic diversity in our workplace. The main factors that create diversity in my workplace are age, race, and religion. My organization has employees from the age of 19 years old to the oldest of 67 years. I have yet to see that gap in age cause any conflict, if anything the age difference allows for constructive criticism and encourages growth as an organization. Race and religion allow for different view points which help form our workplace in an optimistic way. Diversity is about learning from others who are different (Schmidle, 2009). Diversity is dignity and respect for all, and about establishing settings and practices that encourage learning from others and capture the advantage of diverse perspectives. Dress and language is very critical to the perception and professionalism of the workplace. I do not feel that my workplaceÂ’s dress and language give off the professionalism that our organization is looking for. Our employees are permitted to wear whatever they desire. Some employees choose to wear sweat pants and shirts with sayings on them that could be offensive to some customers. I have witnessed several of our staff using offensive language when speaking to customers and during conversations between themselves. Customers who witness this offensive language may feel insulted and could lead to loss of customers. Attracting and retaining customers in a workplace culture is one that values and prioritizes respectful dress and language. Good workplace communication is vital to the success of any organization.  Communication is key to a strong business relationship; this can be the relationship between customers and employees. Communication at This ‘nÂ’ That consist of telephone calls, word of mouth, and a bulletin board for postings on needed information. The way our workplace communicates internally could be modernized, but has shown, thus far, to be efficient for our organization. Although internal communication has been successful, it is external communication that some of our employees lack. The ability to get a message across effectively is the public face of a business. Listening has shown to be an underdeveloped skill for some of our managers and employees, as customers are not getting the information and liaison they desire. Some of our managers complain about various things our customers do, for example: unremitting complaints regarding not putting stuff back in its place. These complaints lead to pessimistic attitudes amongst themselves, towards customers and other employees, which can also affect how communication flows to customers. The performance of my workplace can be improved by a combination of useful communication skills, which can be provided through training. Improving my workplaces communication skills will permit us to establish better working relations. Poor workplace communication skills will have harmful effects on our business relations and may result in decreased productivity. Organizational culture is the personality of the organization. Culture contains the assumptions, ethics, and norms of organizations members and their behaviors. Members of an organization quickly come to sense the particular culture of an organization. An organization’s culture develops to help it cope with its environment. Today, organizational leaders are confronted with various complex issues throughout their attempt to achieve organizational success. An organizations success will depend, to a vast degree, upon understanding organizational culture. References Schmidle, D. (2009). Catherwood Library. Cornell University. Retrieved May 26, 2009, from http://www.ilr.cornell.edu/library/research/subjectGuides/workplaceDiversity.htm

A Personal View on the Three Tenets of the Christian Faith...

The Problem of Evil is a problematic debate amongst skeptics and Christians. This essay will construct my personal views of the inconsistency between the three tenets that intelligent and rational Christians affirm. The focus of this essay is to address the contradiction between the three tenets of the Christian faith and to discuss the consequent remarks in regards to labeling God as all good and all powerful. Based on my personal belief, I find it difficult to accept all three tenets considering that the third tenant challenges the other two tenets of God’s power and love. If God is omnipotent and omnibenevolent, then why does he allow real suffering to exist within the world of humanity? Based on my personal reflection, I believe†¦show more content†¦Therefore we must admit that a good and all loving powerful God would never permit such evil from spreading in the world that we see today. Although the Bible may explain how evil came into this world, it still doesn’t justify the fact of its pure existence. It doesn’t explain why God didn’t prevent it to appear as well as his soulful purpose for us humans to experience it. An all loving and powerful God wouldn’t allow tsunamis and earthquakes to kill thousands of individuals, nor allow individuals to harm others for any reason whatsoever. I tend to question his power and love for us humans since I hear about so many devastating and gruesome acts that people commit. How can I believe that there is an all-powerful and loving God when I hear about innocent children dying from cancer, or when I know that people suffer every day of their lives so they can remain alive? The answer is I cant’ accept Gods love and power because so many people who believe in the faith of God still suffer countlessly. I remember asking my father if God is the initial factor who allows people to suffer. 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Gender Representation Of Sex And The City - 1590 Words

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