Suchergebnisse

Personal finances are becoming an increasingly prominent source of distress for a substantial proportion of the population in many developed economies. In this paper, we examine the organizational consequences of this trend by proposing that financial precarity can undermine a person's ability to perform at work. Across two studies, we demonstrate that people who are worried about their financial situation have less cognitive capacity available to them, which subsequently spills over into their work performance. In Study 1, we demonstrate this relationship in a field study with short-haul truck drivers where we combine survey responses with lagged archival data on preventable accidents. We find that a one-standard-deviation increase in financial worry is associated with a 0.4% increase in the probability of a preventable accident because of its detrimental effects on cognitive capacity. In Study 2, we establish the causal ordering among the variables by manipulating financial worry in a laboratory environment using a driving simulation task, confirming the results of Study 1. We discuss the implications of the research findings for organizational theory and workplace practice, arguing that it may be in employers' self-interest to undertake initiatives that reduce employees' financial precarity.

In this paper we examine social capital and its relationship with performance at the organizational level. We predict that both internal and external social capital will have a positive effect on organizational performance. We test our hypotheses in 88 urban public schools where we collected data from principals, teachers, parents, and students. Results indicate that both internal social capital (relations among teachers) and external social capital (relations between the principal and external stakeholders) predict student achievement in mathematics and reading. These effects were sustained over time for reading achievement, providing support for a causal relationship between social capital and performance. We provide evidence that social capital's impact on student achievement in math—but not reading—is mediated by the quality of instruction provided by teachers. These results underscore the importance of context in studies of social capital.

In a longitudinal study of laid-off industrial workers, we examined the factors which influenced whether individuals got reemployed after a plant closing as well as the factors which influenced whether individuals got satisfactorily or unsatisfactorily reemployed. Financial pressures, levels of optimism and self-blame, and the amount of problem-focused and symptom-focused coping that individuals engaged in were significant predictors of reemployment status. There were also significant differences among the unemployed, satisfactorily reemployed, and unsatisfactorily reemployed in terms of adjustment, with the unsatisfactorily reemployed experiencing substantially lower life satisfaction. The paper highlights quality of reemployment as an important issue in understanding individual adjustment to job loss and the ways in which unemployment and unsatisfactory reemployment can be detrimental to individual well-being.

The working poor are situated in a very powerful context—the nexus of poverty and low-wage work. Our central premise is that this context represents a "strong situation" that powerfully affects work-related outcomes, but it has been largely overlooked by organization science, even as the working poor comprise a sizable segment of the workforce. In this paper we briefly review categorical, compositional, and relational theories of poverty from other disciplines, and we describe three key mediators from organizational research that may explain how the working poor are adversely affected in terms of job attachment, career attainment, and job performance. Our goals are to encourage further thinking about the working poor among organizational scholars, encourage future research in this domain, and call attention to the need for research-based interventions.

As wages stagnate but living costs keep rising, the pressure on working people grows more intense. The issue of living standards has become one of the most urgent challenges for politicians in both Britain and America. 'The squeezed middle' brings together experts from both sides of the Atlantic to ask what the UK can learn from the US. American workers have not benefited from growth for an entire generation - the average American worker earned no more in 2009 than in 1975. Now British workers are undergoing a similar experience. No longer can they assume that when the economy grows their wages will grow with it. This collection brings together for the first time leading economic and policy thinkers to analyse the impact of different policies on those on low-to middle incomes and to explain what lessons the UK can learn from America's 'lost generation'. This timely book is essential reading for everyone concerned about the living standards crisis, an issue which could decide elections as well as shaping the future for millions of working families