Question

Is a student working toward a bachelor’s degree in finance. In order to gain some work experience and increase her marketability, she has accepted a summer internship in the finance department at a pharmaceutical company. She is quite pleased with the pay: GH¢15 an hour is more than other students in her cohort receive for their summer internships. At work she meets Joshua, a recent graduate working as a middle manager in the same finance department. Joshua makes GH¢30 an hour and is dissatisfied. Specifically, he tells Akeley that, compared to managers at other pharmaceutical companies, he makes much less. "It isn’t fair," he complains. "I work just as hard as they do, yet I don’t make as much. Maybe I should go work for the competition." i. Explain with the appropriate theory in organizational justice, how someone making GH¢30 an hour could be less satisfied with his pay than someone making GH¢15 an hour and be less motivated as a result? (5 marks) ii. What is organizational justice. Using the analogy above, explain which type of organizational justice is exhibited. (5 marks) iii. Based on your knowledge of organizational theory, discuss four main options you think are available to Joshua who perceives inequity? (5 marks)

Answer 1

Ok here is Why Landing a finance job with just a bachelor’s degree isn’t impossible but it is highly competitive.The inboxes,both digital and physical,of industry professionals and HR folks at banks and brokerages are stuffed with the resumes of students who have dreams of big money,Lavish lifestyles,and getting on the path to being Masters of the Universe by the time they are 30.if that weren’t enough,the financial and investment services job market is cyclical when the stock market booming,Finance jobs boom as well.landing a finance gig with a bachelor’s degree-possibly even before graduation.