Friday, January 12, 2018

Managing Promotions Effectively

How do you maximize employee productivity? To answer that question, many companies focus a great deal on the extrinsic reward system. Others recognize, rightfully, that intrinsic motivation matters more than the compensation scheme. These firms focus on the organizational culture, mission statement, and other factors that may shape the work environment and employee behavior. Jeff Haden, Inc.com contributing editor, points out that one factor may be more important than all the rest. Here's an excerpt from this article:

A survey of over 400,000 people across the U.S. found that when employees believe promotions are managed effectively, they are more than two times as likely to give extra effort at work -- and to plan for having a long-term future with their company.  But wait, there's more: When employees believe promotions are managed effectively, they are more than five times as likely to believe their leaders act with integrity.  The result? At those companies, employee turnover rates are half that of other companies in the same industry. Productivity, innovation, and growth metrics outperform the competition.


Why such a significant impact with regard to promotions?  I think it's because employees care a great deal about what scholars call procedural justice.   In short, we don't just care abou the outcomes that we experience at work.  We care about the process by which decisions are made.  If we perceive those processes to be inequitable, unjust, or illegitimate in any way, then our commitment, satisfaction, and trust in leadership will decline.   So, as you think about promotions, remember that everyone is watching, not just the people in that particular department.  They are looking to see if the process is just.  

11 comments:

Marc Scrivener said...

This is very interesting. I’d suggest that perceived procedural justice varies from workplace to workplace, and that there may be a disconnect from the actual procedural justice in some cases. There must be a connection to Adams’ Equity Theory.

Michael Roberto said...

Absolutely... large differences in perception can exist across organizations.

Narayana Rao said...

Management Definition – Narayana Rao

Management of an organization is the process of establishing objectives and goals of the organization periodically, designing the work system and the organization structure, and maintaining an environment in which individuals, working together in groups, accomplish their aims and objectives and goals of the organization effectively and efficiently. (3rd December 2008)

Implications of the Definition:

(i) Management is a process.
(ii) Management applies to every kind of organization, government, profit making, or nonprofit making.
(iii) It applies to managers at all levels in the organization.
(iv) Management is concerned with effectiveness and efficiency.

Management - Definition: Video explanation

Joseph H said...

Get the proper decision making and the competitive strategy for your fine work. Multiple promitions can be seen here. If you're willing for your work then you can go this site and entertain with the blog of Professor Micheal Roberto's blog.

Sooli said...

A section of the professor with the management of the promotion effectively. If you feel guilty here then with the college capstone project you can get the better future. For the best innovation and the work of productivity you can achieve in your work.

Spicer said...

A blog of the professor Micheal Roberto in which you can enjoy your work. Get your best work, done with this idea fellowship admission and get the best work for your time. You can achieve a time of motivation from this website.

josmi said...

Hiring the professional for better management is the one thing that is going to get some admission committee letter for review. My company has been pretty serious about such things that I also prefer to be in the attention.

djkkgf said...

In this professor Michael Roberto's blog you can get the managing promotions in the effective manner. Get your work done with the better productivity and maintain http://www.personalessaywriting.com/our-services/ in the better mode. Important notice is present here for your work.

Jerry M. Lorenzo said...

A new web site in the tutor Micheal Roberto throughout that you can get pleasure from your hard work. Buy your ideal operate, carried out with this specific notion click to read and have the top help your time and efforts. You'll be able to obtain a moment involving enthusiasm because of this site.

Brenda Smith said...

Great post Written by you. here you write so many thing And this kind of post are really very necessary for the readers. They love this type of post. Thank you very much for this post. check it to visit our website.

JanetPrince said...

discover here affordable capstone nursing project. A nursing project is used to assess a students knowledge and ability by seeing how they apply what they have learned to real life situations . For more information visit to my homepage and get benefits.