hw11are - firm. The alternative is collective voice or just...

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Explain how personnel policies differ in firms that respond to (1) exit and (2) voice dis-satisfaction among workers. Dissatisfied workers can exit jobs they do not like but the question becomes, who will exit? Generally young workers with few or no firm specific skills will exit. Economic theory normally pictures this. The economic view of worker dissatisfaction is that if they don’t like it there they can leave. Firm specific training makes a worker valuable to the
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Unformatted text preview: firm. The alternative is collective voice or just voice. This tends to be done by older workers with firm specific training since for them to leave may result in lower seniority and wages. In a non-union workplace, younger workers leave when unhappy and older workers have a voice response since they have something to lose. The voice response is also often a union response. The basic idea is that there are two responses to workplace dissatisfaction: exit or voice....
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This note was uploaded on 11/24/2011 for the course ARE 150 taught by Professor Martin during the Spring '08 term at UC Davis.

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