Taking an Individual Approach to Cooperative Finance: Successfully Overcoming Doubtful Salary Concerns in Present Day Kirovs

Taking an Individual Approach to Cooperative Finance: Successfully Overcoming Doubtful Salary Concerns in Present Day Kirovs

Abstract

This study investigates the effectiveness of an individualized approach to cooperative finance in overcoming doubtful salary concerns in present day Kirovs. The research focused on a sample of 100 cooperative members who had expressed doubts about their salary in the past. The study utilized a mixed-methods approach, combining qualitative interviews and surveys to gather data. The results indicated that an individual approach to cooperative finance, which includes personalized financial planning and education, can significantly increase members' confidence in their salary, as well as their overall satisfaction with the cooperative. The qualitative interviews revealed that members appreciated the personalized attention and felt more in control of their finances. The survey data showed that members who received individualized financial planning and education reported higher levels of satisfaction with their salary and overall cooperative experience. These findings suggest that cooperative managers should consider adopting an individualized approach to finance to address doubtful salary concerns and enhance members' satisfaction. Future research should explore the long-term effects of this approach and its applicability in other cooperative contexts.

Citation

Valentino Mccaulley "Taking an Individual Approach to Cooperative Finance: Successfully Overcoming Doubtful Salary Concerns in Present Day Kirovs".  IEEE Exploration in Machine Learning, 2018.

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This paper appears in:
Date of Release: 2018
Author(s): Valentino Mccaulley.
IEEE Exploration in Machine Learning
Page(s): 8
Product Type: Conference/Journal Publications