how does equity theory relate to organizational rewards? course hero

by Omari Schinner 3 min read

What is equity theory of motivation?

How does equity theory relate to organizational rewards According to the equity from BUSE 150 at San Diego City College. Study Resources. Main Menu; by School; by Literature Title; by Subject; Textbook Solutions Expert Tutors Earn. ... Course Title BUSE 150; Type. Homework Help. Uploaded By sdearborn29.

What is equity theory of compensation?

Followings are the ways which shows equity theory is related to organizational rewards : Equity theory is based on the facts that employees will put their efforts and it will be measured by the management. So that potential rewards can be provided. Rewards system must be fair, otherwise inequality in rewards will impact job satisfaction and low performance. Equity theory follows …

What is John Adams equity theory of motivation?

8 How does equity theory relate to organizational rewards According to the from BUSE 150 at San Diego City College. ... 8 How does equity theory relate to organizational rewards According to the. ... Course Title BUSE 150; Type. Homework Help. Uploaded By sdearborn29. Pages 2 Ratings 97% (37) 36 out of 37 people found this document helpful;

How can managers effectively balance performance and rewards?

Oct 13, 2013 · Equity Question: What is equity theory? Answer:-It is not just the rewards that matter to an employee. The relationship between an individual’s rewards compared to others is often more important. Employees compare their job inputs and outputs to those around them.

Who developed the equity theory?

A very simplistic yet logical theory of workplace motivation was developed by John Stacey Adams, a workplace and behavioral psychologist, in 1963. Equity theory is based on the premise that employees will put forth a particular level of effort that they feel compares to the reward potential.

What is equity theory?

Equity theory is based on the premise that employees will put forth a particular level of effort that they feel compares to the reward potential. It comes down to a straightforward formula of inputs must equal outputs. Inputs refer to things like: effort and enthusiasm. skills and abilities.

What does it mean when you scratch your back?

You Scratch My Back and I'll Scratch Yours . In the United States we have a saying: 'You scratch my back and I'll scratch yours.'. Even if you've never heard this phrase before, you can probably guess that it means that if you do something for me, I will in turn do something equal for you. It is a matter of fairness, ...

What are inputs and outputs?

It comes down to a straightforward formula of inputs must equal outputs. Inputs refer to things like: effort and enthusiasm. skills and abilities. flexibility and adaptability. loyalty and commitment to the organization. Outputs include things such as: financial compensation. praise and recognition.

What is job security?

job security. a sense of career advancement or personal growth. When a balance is achieved between inputs and outputs, it is believed that employees will be more satisfied and willing to work toward higher levels of productivity. Many would argue that fairness is something that we should expect out of our employers.

What is the perception of inequality?

The Perception of Inequality. According to equity theory, employees expect to be adequately rewarded for their efforts. They also expect to be rewarded in the same way that other employees are, meaning if a potential reward is offered to one employee for a particular level of productivity, that same reward should be offered to any other employee ...

What does it mean when you say "you scratch my back and I'll scratch yours"?

In the United States we have a saying: 'You scratch my back and I'll scratch yours.' Even if you've never heard this phrase before, you can probably guess that it means that if you do something for me, I will in turn do something equal for you. It is a matter of fairness, which is something that most people want out of many aspects of life. This is certainly true in the business world. Most people look for a job that rewards them for what they can offer the organization, meaning we all want to be adequately compensated for our skills, abilities, knowledge and loyalty that we bring to a job. Being rewarded in this way seems fair, but unfortunately, this is not always achieved. When unfair treatment rears its ugly head in the workplace, so do a lack of motivation, lower performance and decreased job satisfaction.