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Theories of Motivation. Equity Theory -Stacy Adams. Based on the notion that perceived inequity acts as a motivator Inequity = When people believe they have been unfairly treated in comparison to others.
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Equity Theory-Stacy Adams • Based on the notion that perceived inequity acts as a motivator • Inequity = When people believe they have been unfairly treated in comparison to others
Perceived inequities occur whenever people feel that the rewards received for their work efforts are unfair given the rewards others appear to be getting
People will try to deal with negative inequity by doing 1 of 4 things: • 1. Change work inputs by putting less effort into job • 2. Change the rewards received by asking for better treatment • 3. Change the comparison points to make things seem better. • 4. Change the situation by leaving the job.
There is also evidence that the equity dynamic occurs among people who feel overpaid. • This time the inequity is associated with a sense of guilt • How to restore equity? • -increase quality/quantity of work • -work overtime
Perceptions determine the motivational outcomes, not rewards! • When giving rewards to employees, carefully communicate the intended value of the rewards being given, clarify the performance appraisals upon which they are based and suggest appropriate comparison points
Expectancy Theory-Victor Vroom • What determines the willingness of an individual to work hard at tasks important to the organization?
Motivation to work depends on the relationship among 3 expectancy factors…
EXPECTANCY • 1. Expectancy: A person’s belief that working hard will result in a desired level of task performance being achieved (effort = performance)
INSTRUMENTALITY • A person’s belief that successful performance will be followed by rewards and other potential outcomes
VALENCE • The value a person assigns to the possible rewards and other work-related outcomes • M=E*I*V • Mathematically speaking, a zero in either E, I, or V will produce ZERO motivation
All factors must be addressed! • Employees exert effort to achieve task performance and realize work-related outcomes • See figure 14.6 on page 369 for ways to maximize E, I & V
Goal-Setting Theory-Edwin Locke • Task goals can be highly motivating if they are properly set and if they are well managed. • Goals: -give direction to people -clarify performance expectations -establish a frame of reference for feedback
Brings management & subordinates together in joint decision making process of goal setting • Locke believes goal setting can enhance individual work performance and job satsifaction
Manager’s Notepad • See Notepad 14.1 on page 370 for how to make goal setting work!