ANSWER TO QUESTION # 1
People having high status have following benefits:
Self-Satisfaction:
Generally people with high status are self-satisfied as they have a luxurious life style as well as they are loved and followed by the people. In addition to this, they have a high standard of living as well as they have a high degree of popularity among the people which also increases their overall self-satisfaction.
Public Acceptance:
Moreover, people having high status are accepted by the public more easily as compared to the people with low status because of their charisma and fame among the people. In addition to this, in a corporate environment, employees follow and obey their seniors due to their high status. Furthermore, they have power to lead other people with low status.
Decision Making Power:
In a corporate environment, during the group decision making process, the opinions from the people with high status are more likely to be accepted by the governing authority. Therefore, they have a power to direct the strategic decisions of the company to a considerable extent.
ANSWER TO QUESTION # 2
Performance Reviews:
It is recommended that the performance of that particular person should be reviewed by the management of the company and made him aware about his high performance in order to increase its overall morale and satisfaction. This would subsequently increase his overall status in the company.
Provide Motivation:
It is recommended that the particular employee should be motivated by providing him with various incentives and bonuses on high performances in order to enhance its overall motivational level. In addition to this, the employee should also be promoted by the management of the company which would further enhance its overall motivational level as well as it would also increase its overall status in the company...........................
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