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Equity theory focuses on determining whether the distribution of resources is fair. Equity is measured by comparing the ratio of contributions (or costs) and benefits (or rewards) for each person. [ 1] Considered one of the justice theories, equity theory was first developed in the 1960s by J. Stacey Adams, a workplace and behavioral ...
Equity theory sees fairness as a key aspect of motivation. According to it, people are interested in the proportion between effort and reward: they judge how much energy one has to invest and how good the outcome is. Equity theory states that individuals assess fairness by comparing their own ratio of effort and reward to the ratio of others. A ...
Equity Theory is derived from social exchange theory. It explains motivation in the workplace as a cognitive process of evaluation, whereby the employee seeks to achieve a balance between inputs or efforts in the workplace and the outcomes or rewards received or anticipated. In particular, Equity Theory research has tested employee sentiments ...
The expectancy theory of motivation explains the behavioral process of why individuals choose one behavioral option over the other. This theory explains that individuals can be motivated towards goals if they believe that there is a positive correlation between efforts and performance, the outcome of a favorable performance will result in a desirable reward, a reward from a performance will ...
This theory states that satisfaction and dissatisfaction are driven by different factors – motivation and hygiene factors, respectively. An employee's motivation to work is continually related to job satisfaction of a subordinate. Motivation can be seen as an inner force that drives individuals to attain personal and organizational goals. [28]
Motivation and employee engagement. Employee motivation, also known as work motivation, is a feature of employees that refers to how motivated they are to work. It has a significant impact on employee productivity and efficiency." [ 1] While motivation is defined as why individuals do or participate in certain behaviors.
A famous content theory would be Maslow's Hierarchy of Needs, [19] and a famous process theory would be the equity theory. [20] Theories of motivation provide a theoretical basis for reward management though some of the best known ones have emerged from the psychology discipline.
Need for power ( nPow) is a term that was popularized by renowned psychologist David McClelland in 1961. McClelland's thinking was influenced by the pioneering work of Henry Murray, who first identified underlying psychological human needs and motivational processes (1938). It was Murray who set out a taxonomy of needs, including needs for ...