Industrial/Organizational Psychology: Understanding the workplace - Essay Example

Comments (0) Cite this document
Summary
Industrial/Organizational Psychology: Understanding the workplace To introduce the company, Security24/7, Ltd., which started in 2009, is a small business organization that provides security guards and surveillance equipment to its customers, who come to seek security services from far off places due to the good reputation of the company…
Download full paperFile format: .doc, available for editing
GRAB THE BEST PAPER97.9% of users find it useful
Industrial/Organizational Psychology: Understanding the workplace
Read TextPreview

Extract of sample
"Industrial/Organizational Psychology: Understanding the workplace"

Download file to see previous pages There is one owner and a few managers. The managers manage the employees who run the whole business. Thus, the hierarchical structure looks like a pyramid in which each upper level controls the lower one, and each lower level is accountable to its upper level position. The company implements many effective practices to boost its employees’ morale. Implementing employee benefits and employee development programs are two such practices. This paper reflects on the effectiveness of the employee benefits and employee development programs offered by this organization. “Employee benefits are going to be crucial to ensure staff are engaged and motivated in tough economic times, according to research released by Employee Benefits and YouGov” (Sullivan, 2012, p.xiii). Employers of Security24/7, Ltd. are spending thousands of compensation dollars to devise and implement benefit plans because they know that if labor morale is high, that means the company is going to enjoy improved performance, high productivity, and more positive reputation in the competitive market. Employee satisfaction is the key to success for Security24/7, Ltd., because it perceives employees as the second most important asset for the company, clients being the first. Security24/7, Ltd. ...
It also pays for health insurance premiums, which makes health insurance an employee welfare benefit, maintained by the company. It works according to the Employee Retirement Income Security Act (ERISA) that covers most of the private sector health care plans, and provides medical protection to its employees and beneficiaries. The company requires the individuals, who are assigned to manage these plans, to meet certain standards or the code of conduct that is specified by the law. The company also offers retirement benefits which are actually employee defined contribution plans. Pensions are the greatest employee benefit for the retirees. Benefits are also provided to the members of the retirees’ families upon their deaths, for example pension for the widow or widower, benefits for the orphans, and facility to pay the pension to parents or other dependent significant others in case there are no immediate family members. Security24/7, Ltd. Implements the Fair Labor Standards Act (FLSA), according to which it is purely the employer’s decision to decide whether he is going to give the employee paid vacations or he is going to deduct the wages for the number of vacations. The employee can negotiate with the employer about paid or unpaid vacations. “Paid holidays may also be negotiated by employees who have a contract with employers; these are often senior level employees”, writes Heathfield (2012, par.1). The company believes that paid holidays are a means of maintaining employees’ morale and increases job persistence. Common paid holidays offered by this company include New Year Day, Christmas, Independence Day and Easter. However, the employees also take unpaid vacations, like on the ...Download file to see next pagesRead More
Cite this document
  • APA
  • MLA
  • CHICAGO
(“Industrial/Organizational Psychology: Understanding the workplace Essay”, n.d.)
Industrial/Organizational Psychology: Understanding the workplace Essay. Retrieved from https://studentshare.org/psychology/1477651-industrial-organizational-psychology-understanding
(Industrial/Organizational Psychology: Understanding the Workplace Essay)
Industrial/Organizational Psychology: Understanding the Workplace Essay. https://studentshare.org/psychology/1477651-industrial-organizational-psychology-understanding.
“Industrial/Organizational Psychology: Understanding the Workplace Essay”, n.d. https://studentshare.org/psychology/1477651-industrial-organizational-psychology-understanding.
  • Cited: 0 times
Comments (0)
Click to create a comment or rate a document
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Industrial psychology
...Industrial psychology Introduction The workplace is where an employee spends most of his time away from home. Most often, workers stay in their offices for eight hours a day for five days. This makes the office considered to be the second home. Thus, it should have a comfortable atmosphere. However, there are times when the workplace is the cause of stress causing dissatisfaction and undesirable events (Hurley, 2007). Reasons include defective individuality and inappropriate communication among employees which may create conflict. The following evaluation will examine my personality, issues of personality and communication style different from mine through citing two...
3 Pages(750 words)Essay
Industrial and Organizational Psychology
...satisfaction, as will an elaborate motivation system; both of these will ensure that employees are motivated for the job despite hard economic times. Finally, these strategies will reduce stress levels, enhance communication, solve conflicts and improve the working environment for all employees. Conclusion Employee perceptions, misconceptions, behaviors and beliefs at the workplace depend on the psychological state of each person. Therefore, a manager should employ industrial and organizational psychology related concepts to solve conflicts and enhance relationships among employees for better performance. Once these strategies are applied, then the firm...
8 Pages(2000 words)Research Paper
Fundamentals of Industrial and Organizational Psychology
...?Fundamentals of Industrial and Organizational Psychology Industrial Organizational psychology often known as I-O psychology isa branch of psychology that pertain psychological theories and ideologies to organizations. It is a field focusing on increasing productivity at the workplace and related issues such as the mental and physical welfare of employees. It is a field which provides a fundamental notion that is crucial in the improvement of the environment’s quality for employees (Rogelberg, 2002, p. 8). Also, enhances positive and efficiency of the employees’ behavior....
4 Pages(1000 words)Research Paper
Organizational/Industrial Psychology solving problems
... solutions: increased wages, employment of more workers, constant meeting with employees, employee training, distribution of labor and numbering of tables to prevent the misplacement of orders. Works cited Edgar, Schein. Organizational Psychology culture. Massachusetts: Massachusetts institute of technology press, 1961. Print. Michael, Aamodt. Organizational psychology: an applied approach. Boston: Cengage publishers, 2009.Print. Paul, Levy. Industrial or Organizational Psychology. New York: Worth publishers, 2005. Print.... ? (Unit May 3rd Toto’s Gourmet Pie and Coffee Shop Industrial psychology solving problems Introduction The George’s consultancy firm is a company that specializes in doing research about...
8 Pages(2000 words)Term Paper
Industrial And Organizational Psychology
So it can be said that in this field the risk of job shortage is less, but competition level is high and in order to receive a handsome salary skill needs to be enhanced in customer dealing and convincing for which the soft skilled need to be brushed. I have been working in a phone shop for the past 2 years as a customer consultant (sales) in Carphone warehouse. This signifies that I am competent in dealing with customers, have a decent presentation skill and excellent communication skill (Rao, 2009). SECTION I: Personal Analysis In this section of the study I would be discussing my personal skill that would be the stepping stone towards a gap analysis. As far as the basic skills are the concern, I have already mentioned that my v...
4 Pages(1000 words)Assignment
Industrial and Organizational Psychology
...I/O Psychology Major Definition and ification Industrial and organizational psychology, commonly referred as I/O psychology, involves the application of theories and practices in psychology to the industrial or organizational setting. In other words, this field is an application of psychological principles in the different fields of work and is concerned on behaviors of the individuals in relation to others within the workplace. In the Industrial context psychology is more concerned on the efficiency of the individual as a worker. In the...
4 Pages(1000 words)Essay
Industrial Organizational Psychology - Leadership and Group
...Industrial Organizational Psychology - Leadership and Group PSYCH 281 Activities for Lesson 12: Leadership Activity Great man theory is generally founded upon the notion that leaders are exceptional people and are born with certain inborn qualities and thus are doomed to lead. It can be noted that few of the leaders such as Martin Luther was capable of demonstrating his exceptional leadership qualities. He focused upon the fact that it was vital to be inspired by others for the followers to pursue new direction (University of Exeter, 2003). The notion of charismatic leadership is generally based upon the assumption that it is quite crucial to possess charm and grace to create successful...
2 Pages(500 words)Term Paper
Industrial & Organizational Psychology; Fantasy Organization Job Satisfaction
...Industrial & Organizational Psychology: Fantasy Organization Job Satisfaction Task Industrial & Organizational Psychology: Fantasy Organization Job Satisfaction Chalmo Company Limited deals with provision of tourism products, as well as, other related services such as catering and accommodation. As part of its organizational culture and structure, the company strives to provide a conducive business environment within which its workers can operate and enjoy their work. As such, job satisfaction is key in the operations and activities of the organization. The company ensures that each employee gets total satisfaction from...
2 Pages(500 words)Essay
Industrial Organizational Psychology
...Industrial Organizational Psychology Industrial Organization Psychology This is a field of psychology that applies theories and principles of psychology to organizations. By psychology experts, this is often known as I/O psychology. It focuses on increasing workplace productivity and other such related issues like physical and mental well being of workers in the organization. The specialists in this field are referred to as, industrial psychologists, and they perform a wide range of tasks. The tasks include: company evaluations, conducting of leadership training, as well as studying employee attitudes and behavior (Kendra, 2013). As a student with interest in organization and organizational management, this field of psychology... the...
1 Pages(250 words)Essay
Industrial/Organizational Psychology Worksheet
...Industrial/Organizational Psychology Worksheet Industrial/Organizational Psychology Worksheet Question Industrial/Organizational (I/O) Psychology should be termed a science since the field involves research that is produced by scientific data. Aamodt (2015) indicates that I/O majors on scientific forms of research; thus, making the field a scientific one. It is also vital to note that persons that specialize in the I/O field are ones that have the capacity to work in both the Industrial and Organizational fields though the setting may be different. Yet...
2 Pages(500 words)Assignment
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 Industrial/Organizational Psychology: Understanding the workplace for FREE!
logo footer
Contact us:
+16312120006
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