Class 35 - Putting It Together - Tagged.pdf - Putting It Together Today’s Plan ¨ Applying concepts from the 5th module ¨ Exam discussion What do you

Putting It Together

¨Applyingconcepts fromthe 5thmodule¨ExamdiscussionToday’s Plan

What do you think of piecework?

How Do You Make An EthicalDecision?Two Things That Help:1.Be Morally Aware - Many business decisionsfail to consider the ethical implications2.View Decisions Through DifferentFrameworks:¨Utilitarianism¨Kantianism¨Virtue ethics¨Justice¨Rights¨Needs¨Obligations¨Relationships

What are the other HR elements?

Lincoln’s HR SystemPiecework•Paid for what youmake•No changingrates•No sick daysGuaranteedEmployment•Job for life•No layoffs•May reducehours or reassignto a new positionLarge performancebonus•Based onperformanceevaluation:teamwork, safety,quality•Can be more thanworker’s regularsalaryBoasts to have some of the highest paid and mostmotivated factory workers in the world!

Lincoln Electric can be a difficultplace to work? Why are workerscontent?

Person-Organization FitOutcomesAttraction & RetentionCommitment &SatisfactionAbsenteeism & TurnoverMotivationPerformanceFitFitOrganizationCulturePersonValues

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Term

Fall

Professor

PEREZ,P.D.