Question: Value Fulfilment Script. What is Value Fulfilment? Value-percept theory = job satisfaction depends on the whether the employee is satisfied the job supplies the things

Value Fulfilment Script.

What is Value Fulfilment?

Value-percept theory = job satisfaction depends on the whether the employee is satisfied the job supplies the things they value.

There are several Value-Percept theory of Job Satisfaction such as :-

  • Dissatisfaction = (Vwant Vhave) (Vimportance).

Vwant = Value of what employees want from the job

Vhave = How much of that value the job offers

Vimportance = How important it is to the employee

Big differences between Vwant and Vhave will cause bigger job dissatisfactions. If the values are important, the dissatisfactions will be multiplied further.

What are the job aspects of the employees used to job satisfaction can be categorized as:-

  • pay
  • promotions
  • supervision
  • coworkers
  • work itself
  • altruism (concern for well-being of others)
  • status and environment

What is Value-percept theory suggested?

The value-percept theory suggests that overall job satisfaction comes from pay satisfaction, promotion satisfaction, supervision satisfaction, coworker satisfaction and satisfaction with the work itself.

Employees can be satisfied by getting enough pay to cover their lifestyle and expenses. To know the right amount of pay we can calculate using (Paywant Payhave) (Payimportance) methods.

Other than pay satisfaction, Promotion satisfaction is employees feelings on how the company executes the job promotion of its employees. Promotions are fair and employees are promoted based on their abilities and no biases.

  • (Promotionwant Promotionhave) (Promotionimportance).

The third value-percept theory is supervision satisfaction is what employees feel about their employer. ). Employer is dependable and easily approachable.

  • (Supervisionwant Supervisionhave) (Supervisionimportance).

The fourth third value-percept theory is Coworker satisfaction is how they feel about their colleagues. It is also good to have coworkers who are helpful and fun to work together with.

Lastly Satisfaction with the work itself is how they feel about the tasks they are required to do the job. This is to feel them interest in their job and challenging enough.

Depends on how much time employees spend thinking about it. Even though many will think about their pay, the other aspects are given more thought by the employee. The same is for promotion, many will want it but they do not think about it as frequently as the other aspects. The only people the employees will be around at their jobs is their employer and colleagues. So, it is necessary for them to build a good relationship with them to build a comfortable working environment. Thus, it becomes a very important aspect for job satisfaction. Finally, the employees have to be satisfied with what they do at their jobs to be satisfied. If they do not enjoy their jobs and do not find it interesting, they will not be motivated and the job will feel like a burden.(Thinking on how to change this)

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