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2008-03-05 Making good Career decisons by Measuring Job Satisfaction
With the onset of the annual appraisal cycle, in most organizations, around this time of the year, the harried Engineer starts thinking of Job Satisfaction. It becomes fashionable to consider a 'switch'. More often than not, decisions are made in a baised, often emotional frame of mind that overlooks a comprehensive approach to measure and evaluate.
There are different simple and complex models out there, like the Likert Scale, but I suggest this simple technique of identifying the criteria, assigning weights to them, and evaluating current job as well as new opportunities in terms of a weighted average. Done sincerely, it is bound to help a person make a better decision.
| ||Criterion 1 ||... ||Criterion 'n' || |
|Weightage ||Weight 1 || ||Weight 'n' ||SUM(Weight 1 ..'n') |
|Current Job ||Rating ||... ||Rating ||Weighted Average |
|New Job 1 ||Rating ||... ||Rating ||Weighted Average |
|... ||... ||... ||... ||... |
|New Job n ||Rating || ||Rating ||Weighted Average |
- The Criteria are the different tests or considerations on which evaluation should be done.
- The Weightage denotes the relative importance assigned to a Criterion, relative to the other Criteria.
- The Rating can be (say) on a scale of 1 to 5 where 1 denotes least satisfactory and 5 denotes most satisfactory.
- The Weighted Average is obtained by adding the product (multiplication) of respective Ratings and their Weights and dividing this SUM by Total Weight.
| ||Technology ||Money ||Geography ||People ||Infrastructure ||Work Culture || |
|Weightage ||20 ||15 ||5 ||30 ||15 ||15 ||100 |
|Current Job ||3 ||4 ||3 ||5 ||4 ||3 ||3.9 |
|New Job ||5 ||3 ||3 ||3 ||3 ||2 ||3.25 |
The weights in the example reflect the importance I give to different criteria. For example I give maximum importance to the people I am working with - their competence, their attitude, and moral values, in no particular order.
The analysis, like the one in the example gives best advice - data driven and unbiased. One should also keep in mind the adage about the bird in hand being more than two in the bush, in the sense that whatever has been promised at the New Job is likely to undergo certain correction once the New Job is actually undertaken. This knowledge should reflect in the ratings for that job.
Click the links below to Download the template for Job Satisfaction Rating Scale as an
Open Office document or an
Microsoft Excel file.
Alternatively, Right-click (Windows) or Control-click (Mac OS) the above links. Choose the appropriate save or download option. The options vary depending on your browser: for Internet Explorer it is Save Target As, for Firefox it is Save Link As, for Safari it is Download Linked File.
Tags: job satisfaction rating scale excel open office spreadsheet tool
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