Idiosyncratic Deals at Work: Exploring Individual, Organizational, and Societal Perspectives

Idiosyncratic Deals at Work: Exploring Individual, Organizational, and Societal Perspectives

• Associate Professor of Management Smriti Anand
• Yasin Rofcanin, University of Bath, U.K.

Abstract:

Recognizing societal and organizational trends towards individualization of work, Rousseau (2005) coined the term idiosyncratic deals (ideals) to describe personalized work arrangements negotiated by employees to fulfill their unique needs unmet by their employer’s standard offerings. Since then, this area has received considerable attention from research and practice alike. We believe i-deals are “ideal” for addressing the changing needs and preferences of employees, employers, and the wider society in the post-pandemic era. Core aspects of i-deals are expounded by leading scholars in the preceding 12 chapters of this book. The book provides a comprehensive review and critique of i-deals literature from multiple perspectives. The discussion begins with an examination of motivations and outcomes of i-deal seekers and grantors. Particular attention is given to issues of fairness during negotiation and implementation of i-deals in workgroups wherein the recipients’ co-workers observe and react to the differentiated work arrangements. Recommendations are made for best practices for institutionalizing i-deals as a global strategic human resource management device. In this concluding chapter, we reflect on these insights, identify gaps in i-deals research, and suggest avenues for future research.

All Illinois Tech faculty, students, and staff are invited to attend.

The Friday Research Presentations series showcases ongoing academic research projects conducted by Stuart School of Business faculty and students, as well as guest presentations by Illinois Tech colleagues, business professionals, and faculty from other leading business schools.