What is the equity theory quizlet?
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•Voice Show •Unbiased decision maker •Decision based on all information •Existing policies consistently applied •Decision maker listens to all sides •Respectful treatment of those with grievances •Full explanations for those with grievances What is equity theory?Equity theory is a theory of motivation that suggests that employee motivation at work is driven largely by their sense of fairness. Employees create a mental ledger of the inputs and outcomes of their job and then use this ledger to compare the ratio of their inputs and outputs to others.
What does the equity theory state?The equity theory of motivation is the idea that what an individual receives for their work has a direct effect on their motivation. When applied to the workplace, it means an individual will generally aim to create a balance between what they give to the organization compared to what they get in return.
What is meant by equity theory in social psychology theory?Unlike Social Exchange Theory that argues how people try to maximise rewards and minimise costs in relationships, Equity Theory suggests that partners are concerned about fairness in relationships. Fairness is achieved when people feel they get approximately what they deserve from relationships.
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