Adams ‘ work on equity theory is the foundation for psychological work on fairness. The focus of this work was on the fairness of outcomes, or what has become known as distributive justice.
What is the Equity Theory in psychology?
a theory of justice regarding what individuals are likely to view as a fair return from activities involving themselves and a number of other people .
Who came up with the Equity Theory?
Adams’ Equity Theory is named for John Stacey Adams , a workplace and behavioral psychologist, who developed his job motivation theory in 1963.
What is Equity Theory of motivation by Adams?
Definition: The Adam’s Equity Theory posits that people maintain a fair relationship between the performance and rewards in comparison to others . In other words, an employee gets de-motivated by the job and his employer in case his inputs are more than the outputs.
Who gave the Equity Theory of motivation explain the theory in detail?
Adams ‘ Equity Theory of Motivation introduces the idea of fairness and the idea of comparison. For a working relationship to be considered equitable it needs to pass two tests: Firstly, individuals need to feel that the reward they receive for their contribution is intrinsically fair.
What’s wrong with equity theory?
The first problem is that equity theory employs a unidimensional rather than a multidimensional conception of fairness. The theory conceptualizes perceived justice solely in terms of a merit principle. The second problem is that equity theory considers only the final distribution of reward .
What is an example of equity theory?
Equity Theory – Keeping Employees Motivated. Everyone in the workplace is motivated by something. ... As an example of equity theory, if an employee learns that a peer doing exactly the same job as them is earning more money, then they may choose to do less work, thus creating fairness in their eyes.
Why is the equity theory important?
Equity theory refers to the give-and-take synergy between employee and employer. Understanding equity theory is critical because it explains how employees demonstrate their side of the equation and how an organization can overcome equity problems in the management of personnel .
What does the equity theory explain?
Definition: Equity theory, popularly known as Adam’s equity theory, aims to strike a balance between an employee’s input and output in a workplace . If the employee is able to find his or her right balance it would lead to a more productive relationship with the management.
What is the other name of content theory?
The main content theories are: Maslow’s needs hierarchy, Alderfer’s ERG theory , McClelland’s achievement motivation and Herzberg’s two-factor theory. The main process theories are: Skinner’s reinforcement theory, Victor Vroom’s expectancy theory, Adam’s equity theory and Locke’s goal setting theory (Figure 1).
How do you motivate equity theory?
- Ensure a fair balance among team members. ...
- Make sure you offer comparable compensation. ...
- Know what your team values.
What is the central point of equity theory?
Equity theory focuses on determining whether the distribution of resources is fair to both relational partners . It proposes that individuals who perceive themselves as either under-rewarded or over-rewarded will experience distress, and that this distress leads to efforts to restore equity within the relationship.
How does equity theory affect motivation?
John Stacey Adams’ equity theory helps explain why pay and conditions alone do not determine motivation . ... When people feel fairly or advantageously treated they are more likely to be motivated; when they feel unfairly treated they are highly prone to feelings of disaffection and demotivation.
What are the 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 .
What goal setting theory tells us?
Goal-setting theory is a theory based on the idea that setting specific and measurable goals is more effective than setting unclear goals . ... Tackling these more difficult goals forces employees to work hard and develop their skills, and, as a result, receive positive feedback and an overall sense of achievement.
What is an example of expectancy theory?
For example:
they believe that the more effort they put into recycling the more paper people , in general, will recycle (expectancy) and they believe that the more paper recycled the fewer resources will be used (instrumentality).
