Nobody downloaded yet

Dissatisfaction with Working Conditions in the New York Bank - Essay Example

Comments (0) Cite this document
This research aims to evaluate and present dissatisfaction with working conditions in the New York bank. Since its inception in 2007, the One Wall Street branch of Bank of New York was on an upward trend in both volume and quality until 2009 when global recession was at its worst. …
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER91.8% of users find it useful
Dissatisfaction with Working Conditions in the New York Bank
Read TextPreview

Extract of sample
"Dissatisfaction with Working Conditions in the New York Bank"

Download file to see previous pages It is evidently clear from the discussion that after the recession, all stakeholders of the Bank of New York expected the situation to turn around and growth to be exponential, which has not been the case. The marketing and customer care departments are responsible for retention of old customers and acquisition of new ones, respectively. These departments fall under the human resource management whose work is to find, train, employ and retain the best human resource. John Doe is the marketing manager for the New York branch of the bank of New York. He is responsible for organizing his team whose work is to attract new customers into the firm. While the customer care department has improved its services and managed to retain a high percentage of existing customers, the marketing manager has failed to organize his team to bring in new ones. At first, John was remarkably effective in disseminating his duties and organizing his team, a task he is failing these days. John has a master’s degree in management, a degree he acquired after working in the bank for two years. He can successfully organize the marketing team based on his high qualifications and work experience since he has worked in the bank for 4 years. In fact, before the recession, he was doing an admirable job and the bank had new customers flocking it halls resulting in high profits. When the recession hit, it affected John more than any other employee; colleagues suggest that the economic slowdown gave him time to rethink his career path. The management had observed that the marketing department employees were not achieving their set targets, and few of them even cared about it; they seemed to have lost hope in their role at the bank. As observed by all stakeholders, employees in the marketing department always have something to complain about their work, the bank, customers and many other aspects of their jobs. Results revealed that all of them are quite demotivated; they work just to pay their bills. In addition, all employees in a group that should work as a team for maximum productivity work as separate entities, significantly compromise their work due to inefficiency resulting from duplication of efforts. This duplication is because of failure in the set communication channels. The management has to do something about the affairs in the marketing department as the disorganization resulting from John’s inefficiency is jeopardizing the future of the bank. The main proposal is for the management to facilitate changes that will result to improved communication, encourage innovation, increased consultation with employees, and high but sustainable efficiency in use of resources. Little communication, or lack of it, among employees and between employees and management, has caused the situation to reach alarming levels. There should be forums where employees can let the management know about all their concerns on matters affecting them in the workplace, and management should have a way of voicing its concerns while considering employees’ welfare. Members of the group should work together to encourage bonding, ensuring that each of them feels as part of a team rather than work in isolation. Communication of employees with the management should not occur when the former are receiving absolute orders, it should include consultations before the latter makes far-reaching decisions. ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
(“Dissatisfaction with Working Conditions in the New York Bank Essay”, n.d.)
Retrieved from https://studentshare.org/human-resources/1394763-dissatisfaction-with-working-conditions-in-the-new-york-bank
(Dissatisfaction With Working Conditions in the New York Bank Essay)
“Dissatisfaction With Working Conditions in the New York Bank Essay”, n.d. https://studentshare.org/human-resources/1394763-dissatisfaction-with-working-conditions-in-the-new-york-bank.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
Working Conditions
Obesity at the Workplace [Author’s Name] [Course Title] [Professor’s Name] [Date] The problem of obesity became one of the most serious. More and more obese people are met in the street. According to recent official data 35.7% of American citizens are obese.
2 Pages(500 words)Essay
Report on the recent performance of Bank of New York Mellon
The Bank of New York Mellon Corporation serves as a multinational banking and financial services entity and is listed in the New York Stock Exchange and in Standard and Poor 500. The Bank of New York Mellon operates all across the globe and is the biggest asset servicer in the world with more than USD 26 trillion of assets value under its portfolio.
11 Pages(2750 words)Essay
Working conditions
1 Do You Think an Overweight Employee Who Chooses Not to Participate in a Wellness Program Should be Penalized? Student Name Date Course Title Professor's Name 2 Abstract There is an epidemic of obesity gripping the young and old generations of our country.
3 Pages(750 words)Coursework
New York
The author of the essay presents the ideas of different outstanding authors concerning their vision of New York. Namely, Charles Dickens painted a particularly bleak image of the Five Points area in his American Notes, beginning his description by pointing out that before considering entering the area even in imaginary space, it is a good idea to bring along some police protection.
7 Pages(1750 words)Essay
New York
In early 1920s, jazz music was spread all over in New York, where a number of bands performed on the margins of the society. Jazz was also performed in Red Light district and other illegal places during the Prohibition era, associated with the corruption of that era.
8 Pages(2000 words)Essay
Worker Rights/Working Conditions
In some jurisdictions, the law considers suspicionless drug testing as a manner of search without a warrant, but makes an exception in cases “where the ‘search’ is performed for a ‘special need’ that outweighs the privacy rights of the
2 Pages(500 words)Essay
New york
At 2:45 am, I went out on my own to explore the city. I had presumed it to be a cold, quiet street. In the chilling December midnight, I had taken a torch with me to guide me along the way. But, oh! whuzzaaaaaaaaaaaat! With my mouth wide open, the torch slipped off my hand.
2 Pages(500 words)Essay
How are things different today for working class people and unions than in the days of Working Class New York
The working class represents a large population of industrialized nations, and they depend on earnings from wage labor. Social sciences describe working class as those people who are employed in lower tier jobs or those people who earn below average wages.
3 Pages(750 words)Essay
Working Conditions
A nuclear engineer is the person in charge of the nuclear material, and ensures it emits and produces the right amount of energy from the splitting atom. Nuclear engineers are at risk of radiation exposure due to the proximity to the radioactive substance (Mulembo,
2 Pages(500 words)Essay
Working Conditions
Topic:  Working Conditions The meat slaughtering, processing, and packaging industry has some of the most unsafe, dirty and damaged work conditions and has long been associated with an alarming rate of casualties such as accidents, injuries, and illnesses. Human Rights Watch’s method of giving recommendations against the meat and poultry plants in America is a justified act governed by a form of moral reasoning known as “utilitarianism”.
4 Pages(1000 words)Essay
sponsored ads
We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Let us find you another Essay on topic Dissatisfaction with Working Conditions in the New York Bank for FREE!
logo footer
Contact us:
Contact Us Now
FREE Mobile Apps:
  • StudentShare App Store
  • StudentShare Google play
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • Miscellaneous
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us