What is the difference between equity theory and expectancy theory?
Equity verses Expectancy Expectancy theory holds that individuals seek to maximize their positive outcomes. In contrast, Equity theory posits that individuals seek to find balance between their inputs and outcomes.
What is the difference between expectancy theory and goal setting theory?
Goal settings theory sets clear goals for the employee while Expectancy theory relies on the employee who decides their own goal according to desired outcome.
What are the basic principles of equity theory?
Equity theory is based on a principle that peoples’ actions and motivations are guided by fairness and that discrepancies in this fairness in the workplace will spur them to try and redress it.
Which of the following theories state that employees make comparison of their efforts and rewards with those of others in similar work situation?
Equity Theory states that the employees perceive what they get from a job situation (outcomes) about what they put into it( inputs) and then compare their inputs- outcomes ratio with the inputs- outcomes ratios of others. …
What are the similarities and differences between the theories of Maslow and Herzberg?
Maslow’s theory is descriptive, whereas the theory propounded by Herzberg is simple and prescriptive. The basis of Maslow’s theory is human needs and their satisfaction. On the other hand, the Herzberg’s theory relies on reward and recognition.
What are the similarities and differences between reinforcement theory and goal-setting theory?
Goal-setting theory states that employees are highly motivated to perform when specific goals are established and feedback on progress is offered. Reinforcement theory states that behavior is a function of consequences; that is, people do things because they know other things will follow.
How do you use equity theory of motivation?
If you want to apply the equity theory in your workplace, consider the following tips:
- Ensure a fair balance among team members.
- Make sure you offer comparable compensation.
- Know what your team values.
When using equity theory to compare employees what is most important?
Expectancy theory can predict a person’s choice of behavior from two or more options. When using equity theory to compare employees, what is most important? The ratio of inputs to outputs.
What are the similarities between the Maslow’s hierarchy theory and ERG theory?
Both are content theories. The basic needs emphasized in both are the same. The overall structure of need categories is also the same; Alderfer has grouped further the five needs enunciated by Maslow; and. Both deal with upward movement of motivation according to the hierarchy.
What are the problems with equity theory?
Decrease inputs (give less time,do less work)
What is an example of equity theory?
One of the classic equity theory of motivation examples to look at is how employees are compensated for the same job duties. In the United States, women average about 80 cents on the dollar in salary for every $1 that men make will performing the exact same job tasks.
What does the equity theory of motivation say?
The equity theory of motivation states a person’s motivation is directly related to their perception of equity or level of fairness. This theory shows that you become more motivated when your perceived fairness is high and demotivated when you perceive unfairness.
What is equity theory in psychology?
Altering One’s Own Inputs.