The Importance Of Industrial And Organizational Psychology

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Industrial and Organizational Psychology Industrial- Organizational Psychology also referred to as I/O is the scientific study of human behavior within organizations (American Psychological Association, n.d). A few areas that I/O psychology seeks to address include recruiting, training and development, performance measures, motivation, rewards, human factors, as well as organizational development and consumer behavior (American Psychological Association, n.d). I/O psychology seeks to focus on human behavior specifically in the workplace setting. Finding the right employees for an organization can be challenging. It is important to the success of a business to find the right people and once hired, retain them. Employee turnover can be very …show more content…

Organization’s used to feel that money was a major factor in motivating and increasing productivity. However, with studies of Gen Y it has been found that money no longer acts as the motivator it once did (Pearson, 2015). 89% of managers that were surveyed thought that their employees that left went to higher paying jobs. In reality 80-90% of employees left these jobs for reasons other than money (Pearson, 2015). A positive work culture can decrease the number of sick days taken by employees and also contribute to a highly engaged staff. This shows how cultivating a positive employee culture can positively benefit your bottom line. One way to address the culture within my current organization would be to hire a third party to conduct an employee culture and engagement survey. By conducting this anonymous survey, the organization could gain insight from all levels of employees and identify the areas in which they need to improve. The ability to identify the areas of needed improvement can then be used to create a plan to address the culture within the organization and make necessary changes. Understanding strengths and opportunities within the company culture and engagement could aid the organization in building an action plan to help ensure the culture they desire is the one they are providing for employees. This is also an opportunity for employees to have a platform in which they can give the company feedback on the areas they can do better and help achieve the work culture they

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