MHR 749 Chapter Notes - Chapter 3: Human Capital, Institutional Theory, Equity Theory
Document Summary
Internal alignment: the relationships between the jobs within a single organization. The relationships among different jobs inside an organization form a job structure that should. Support the organization"s strategy: the organization"s strategy indicated how it plans to achieve its purpose, and internal alignment help to achieve it, the structure should support the efficient flow of that work and the design of the. Motivate behaviour: internal job and pay structures influence employees" behaviour by providing pay increases for promotions, more challenging work, and greater responsibility as employees move up in the job structure. Work content the work performed in a job and how it gets done. Work value the worth of the work; its relative contribution to the organization"s objectives. External factors: economic pressures, government policies, laws, regulations, stakeholders, cultures and customs. Organization factors: strategy, technology, human capital, hr policy, employee acceptance, cost implications.