STUDY OF MODERATING EFFECT OF INCOME IN FORESEEING GREEN BEHAVIOR IMPACTING PERFORMANCE MANAGEMENT
Abstract
Researchers in the field of organizational science have paid a lot of attention to the impact that "green behavior," or concern for the environment, has on performance management. In order to further understand this connection, our research will focus on the moderating effect of financial status. This study tests the fundamental premise that the effect of environmentally responsible behavior on performance management outcomes changes with income level.
Organizations increasingly prioritize "green" behavior, which includes things like recycling, conserving energy, and other eco-friendly practices, in an effort to better the environment. Concurrently, the success of an organization depends heavily on performance management, which entails evaluating and improving workers' output on the job. The relationship between these two concepts is yet ripe for exploration.
Because of the ways in which one's financial situation might affect their drive, objectives, and opportunities, income appears as a potentially moderating influence. The green lifestyle may be seen as a status symbol by the wealthy, who may choose to participate for reasons other than concern for the environment. The correlation between environmentally friendly actions and positive results may be weaker for those of lower socioeconomic status due to the barriers they may experience in taking them up.
Surveys method was primarily used as part of strategy to delve further into these dynamics. Employees from banks and income brackets shared their experiences with and perspectives on performance management's impact on their green behavior involvement, income, and perceptions of effectiveness. Regression methods were used in the quantitative study, which looked at the connection between environmentally conscious actions and performance management as well as their interaction with financial status.
These results provided partial confirmation of the mediating function of money in the green behavior-performance management nexus. A possible "greenwashing" tendency motivated by worries about one's social standing may explain why there was a reduced correlation between green behavior and performance results among high-income people. However, there was a higher positive link among those with lower incomes, which may indicate that their green behavior is motivated by real environmental concerns and the desire to succeed in performance management as a compensating strategy.
These tendencies were repeated in qualitative data, which provided insight into how different income levels affect the perception and implementation of green behavior in the context of performance management. The intrinsic value of green behavior was underlined more by low-income individuals, whereas the performative features were emphasized more by high-income ones.
Results of this study show that green behavior impacts performance management and income does have a moderating effect on performance management.