MOTIVATING FACTORS FOR JOB CHOICE: LITERATURE REVIEW(3)

Moy and Lee (2002) in their research of the business graduate perceptions of employment in Small and Medium Enterprises (SME’s) and Multi National Corporations (MNC’s) have tested two hypotheses based on nine job attributes. Moy and Lee (2002, p.343) found that business undergraduates rated long term career prospects as the most important job attribute affecting their career choice, followed by pay, job security and managerial relationship.

Harris, Grubb, and MacKenzie, (2006) have taken academic major, gender and personality into account to determine if there was any relationship between these three variables and business undergraduates’ preferred employment with SMEs and MNCs. They discovered that undergraduates who had management as major preferred to work in SMEs while the accounting, finance and marketing major preferred to work for MNCs. Female preferred employment with MNCs but male preferred SMEs. There was no finding of any significant relationship between personality and employment preference.

The individuals who prefer to work for an organization feel such a career provides great development of knowledge and skills, job security, higher income, intellectual stimulation and the opportunity to work with people they admire and respect (Brenner, Pringle and Greenhaus as cited in Kolvereid, 1996, p.24).

Representative APR 391%. Average APR for this type of loans is 391%. Let's say you want to borrow $100 for two week. Lender can charge you $15 for borrowing $100 for two weeks. You will need to return $115 to the lender at the end of 2 weeks. The cost of the $100 loan is a $15 finance charge and an annual percentage rate of 391 percent. If you decide to roll over the loan for another two weeks, lender can charge you another $15. If you roll-over the loan three times, the finance charge would climb to $60 to borrow the $100.

Implications of Non-payment: Some lenders in our network may automatically roll over your existing loan for another two weeks if you don't pay back the loan on time. Fees for renewing the loan range from lender to lender. Most of the time these fees equal the fees you paid to get the initial payday loan. We ask lenders in our network to follow legal and ethical collection practices set by industry associations and government agencies. Non-payment of a payday loan might negatively effect your credit history.

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