Class 35 - Putting It Together - Tagged.pdf - Putting It...

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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 SystemPieceworkPaid for what youmakeNo changingratesNo sick daysGuaranteedEmploymentJob for lifeNo layoffsMay reducehours or reassignto a new positionLarge performancebonusBased onperformanceevaluation:teamwork, safety,qualityCan 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.

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