Expectancy and Equity Theories of Motivation
Who developed the equity theory and when?
Adams in 1965
What is proposed by equity theory?
Equity theory proposes that employees who perceive themselves as over-rewarded or under-rewarded will experience distress.
What does the expectancy theory show?
That there is a strong correlation between rewards and the amount of work done to achieve the reward, but that if they put it more work and do not receive the reward they will be demotivated after
What does the expectancy theory refer to?
The examination of the relationship between worker and valence, instrumentality, and expectancy
What is valence?
The perceived value of an outcome
Who was the expectancy theory developed by and when?
Vroom, 1964
What is expectancy?
refers to the perceived likelihood that a behavior will lead to an instrumental outcome
What is instrumentality?
the perceived likelihood that one outcome will lead to another
What are the main differences between the two?
Expectancy theory holds that individuals seek to maximize their positive outcomes, while equity theory posits that individuals seek to find balance between their inputs and outcomes.