Why is taking a $1 salary called a double-edged sword

Assignment Help Econometrics
Reference no: EM131260065

1. What implications does the $1 pay have for the use of money as a reinforcer?

2. Why is taking a $1 salary called a "double-edged sword"?

3. What conditions would be necessary and how would you publicly explain if you ever would join the $1 Circle?

Organizational Behavior Case: Contrasting Styles

Henry Adams has been a production supervisor for eight years. He came up through the ranks and is known as a tough but hardworking supervisor. Jane Wake has been a production supervisor for about the same length of time and also came up through the ranks. Jane is known as a nice, hardworking boss. Over the past several years these two supervisors' sections have been head and shoulders above the other six sections on hard measures of performance (number of units produced). This is true despite the almost opposite approaches the two have taken in handling their workers. Henry explained his approach as follows:

The only way to handle workers is to come down hard on them whenever they make a mistake. In fact, I call them together every once in a while and give them heck whether they deserve it or not, just to keep them on their toes. If they are doing a good job, I tell them that's what they're getting paid for. By taking this approach, all I have to do is walk through my area, and people start working like mad.

Jane explained her approach as follows:

I don't believe in that human relations stuff of being nice to workers. But I do believe that a worker deserves some recognition and attention from me if he or she does a good job. If people make a mistake, I don't jump on them. I feel that we are all entitled to make some errors. On the other hand, I always do point out what the mistake was and what they should have done, and as soon as they do it right, I let them know it. Obviously, I don't have time to give attention to everyone doing things right, but I deliberately try to get around to people doing a good job every once in a while.

Although Henry's section is still right at the top along with Jane's section in units produced, personnel records show that there has been three times more turnover in Henry's section than in Jane's section, and the quality control records show that Henry's section has met quality standards only twice in the last six years, while Jane has missed attaining quality standards only once in the last six years.

Reference no: EM131260065

Questions Cloud

Examine at least two types of biases : Identify (3) three premises (reasons) from the Procon.org website that support your position and explain why you selected these specific reasons and Explain your answers to the "believing" questions about the three (3) premises opposing your posit..
Draft your project schedule using a gantt chart : Draft your project schedule using a Gantt chart. Instructor approval is required before submitting, if you wish to use a tool other than a Gantt chart. Also, include your budget schedule as a separate chart.
A gross requirements plan and a net requirements plan : What is the difference between a gross requirements plan and a net requirements plan? - Once a material requirements plan (MRP) has been established, what other managerial applications might be found for the technique?
Create a new product that would appeal to your market : Develop at least one question for each characteristic of the target market (demographic, geographic, psychographic, and behavioral) that will be important for you as you determine the marketing strategy for this new product.
Why is taking a $1 salary called a double-edged sword : What conditions would be necessary and how would you publicly explain if you ever would join the $1 Circle?
Analyze the short term liquidity of the firm : Analyze the short term liquidity of the firm. Analyze the operating efficiency of the firm. Analyze the capital structure of the firm. Analyze the profitability of the firm.
What are the similarities between mrp and drp : What are the similarities between MRP and DRP? How does MRP II differ from MRP? - Which is the best lot-sizing policy for manufacturing organizations?
Identify three major countries with which starbucks operate : Identify three major countries with which Starbucks operates. Preferably, the three countries are in different continents. Are these three countries members of the IMF, the World Bank, and WTO?
What are some examples of nonfinancial reinforcers : Summarize the results of the meta-analysis on O.B. Mod. What recommendations would you make to the HRM department based on these findings?

Reviews

Write a Review

Econometrics Questions & Answers

  Nbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp pizzas

nbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbspnbsp pizzas made per hour nbsp nbsp nbsp nbsp nbsp nbspnbsp pizzas

  How much percent can we expect the price of rental apartment

How much percent can we expect the price of rental apartments to rise after the law is enforced, if we know that we expect an additional rise in demand for rental apartments which will cause an additional 20 percent rise in the number of apartment..

  What can you conclude about the given data

What can you conclude about the data? What are some implications for health care professionals regarding the performance of hospitals in this state in the period from 2001 through 2005? Provide your rationale

  What level of reliance maximizes the buyer''s net

Now suppose that the buyer anticipates a breach of the contract with probability .5, in which case her reliance investment is lost (though she does not have to pay the price). What choice of reliance maximizes the buyer's expected return in this c..

  Should the interest rate variable be retained in the model

See if the Cobb-Douglas production function fits the data given in the table and interpret the results. What general conclusion do you draw?

  What were some of the causes of the stagflations of 1973

(Stagflation)What were some of the causes of the stagflations of 1973 and 1979? In what ways were these episodes of stagflation different from the Great Depression of the 1930s?

  What are the two broad areas of healthcare finance

Why is it necessary to have a book on healthcare finance as opposed to a generic finance book?

  Why would you hire the new sales associate

Suppose you are considering adding another sales associate to the floor. Your current total sales are $40,000 per day and your cost of sales, including the sales associates are $66,000 per day. The new sales associate should increase sales

  Calculate how much an airline charges for student tickets

1. During spring break, students have a price demand elasticity for a trip to Florida of 3. The general public has a price demand elasticity 2. Calculate how much an airline charges for student tickets if the price it charges the general public is $..

  Will this attempt necessarily lead to less saving

How will the fall in consumer confidence affect consumption, investment, and private saving? Will the attempt to save more necessarily lead to more saving? Will this attempt necessarily lead to less saving?

  Find the dollar value of a waste-end charge

Algebraically solve for the competitive and socially optimal price and quantity combinations. Quantify the extent of the resource misallocation associated with the competitive solution.

  What is the trade-off between junk food and gasoline

Kathy, a college student, has $20 a week to spend; she spends it either on junk food at $2.50 a snack,or on gasoline at $2 per gallon

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd