-Imagine that you are the CEO of BuzzMarket, and online marketing agency that sp

Question

-Imagine that you are the CEO of BuzzMarket, and online marketing agency that specializes in Web and social media marketing. Your company has 10 employees. You, the CEO, earn $1 million per year in salary, plus another $1 million in bonuses. Your account executive earns $250,000 per year and has a company car, along with other perks. The other eight staffers are junior-level programmers and sales reps, each earning $25,000 per year. 4-(a) How might the eight junior employees perceive the equity of the workplace, and what might they do to reduce their cognitive dissonance? Discuss with no less than 50 words. (6 points)

Explanation / Answer

This perceived inequity regarding the compensation will lead to cognitive dissonance which is a state of mental discomfort that occurs when a person’s attitudes, thoughts, or beliefs conflict. Under this condition, the junior employees will show one or more of the following three behaviors to gain an apparent fairness - they may put lesser effort in job to make it fairer with respect to the compensation, they may show disruptive behavior, steal, destroy resources, and damage company's reputation on the social media and finally they may add, remove, or modify a desired workplace behavior in a completely discretionary manner to gain the perceived fairness or to reduce the importance of the conflict generated out of this cognitive dissonance.

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