Equity Theory, proposed by John Stacey Adams, posits that employees are motivated when they perceive that their efforts and rewards are fair compared to others. Here's a detailed explanation:
* Equity Theory Overview: This theory suggests that individuals compare their job inputs (effort, skill, experience) and outputs (salary, recognition) with those of others.
* Perceived Fairness: Employees are motivated when they believe that their rewards are proportional to their contributions compared to others.
* Motivation through Fair Distribution: Fair and deserved rewards reduce feelings of inequity and dissatisfaction, leading to higher motivation and performance.
* Implications in the Workplace: Ensuring rewards are as deserved helps in maintaining morale and reducing turnover.
References:
* "Work and Motivation" by Victor Vroom.
* "Motivation and Work Behavior" by Richard M. Steers and Lyman W. Porter.