ADMS 3660 Chapter 15: chapter 15

• School: York University
• Department: Administrative Studies
• Course: ADMS 3660
• Professor: Avraham Kleiman

Document Summary

Society"s changing values are having, a great impact on the workplace. Although, external stakeholders such as government, consumers, the environment, and the community to be major facets of business"s concern for the social environment status, their treatment, their rights, and their satisfaction. 30 years ago, employees stayed in the same job at the same company for years, and those companies rewarded that loyalty by offering job satiability, a decent wage, and good benefits. Today"s employees aren"t looking for a promise of lifetime employment. Instead, they are seeking competitive pay and benefits coupled with opportunities for professional growth. This new social contract or set of reciprocal understandings and expectations regarding each party"s role and responsibilities represents a revolution in the workplace. Chilton and weidenbaum, in their discussion of the new social contract, pinpoint three sweeping forces that began in the 70s, grew in salience in the 80s, and became dominant drivers in the 90s.