Organizational justice, key point in economic crisis management, a comparative study: can Romanian problems be solved by foreign solutions?
AbstractA recent Romanian study shows that two out of three employees with higher education are affected by the measures recently taken by the companies they work as a result of recession. Eliminating bonuses, restructuring processes and even lower wages are relatively common phenomena encountered lately in organizations in Romania. Employees are affected indirectly by reductions and development budgets of the organizations they work for. Concern for the future is even greater. Thus, 3 of 4 employees with higher education are expected to cost reduction actions that affect them directly or indirectly. In an attempt to cut costs, rather expect top managers restructuring processes, while employees without managerial positions believe that the restructuring will take place near elimination of bonuses and wage loss. How can workplace justice can ease the pain? This article is attempiting to give an answer to this complex question.
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Bibliographic InfoArticle provided by Ovidius University of Constantza, Faculty of Economic Sciences in its journal Ovidius University Annals, Economic Sciences Series.
Volume (Year): X (2010)
Issue (Month): 1 (May)
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Web page: http://www.univ-ovidius.ro/facultatea-de-stiinte-economice
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economic crisis management; organizational justice; romanian problems;
Find related papers by JEL classification:
- M54 - Business Administration and Business Economics; Marketing; Accounting - - Personnel Economics - - - Labor Management
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