exam 2 dr inks
which of the following paraphrases comparisons are used in equity theory?
How does my ratio of outputs to inputs compare with relevant others?
McClelland's Theory of Needs about the drivers of employees behavior is
acquired needs theory
job design
altering specific jobs to improve employee experience and job productivity
Standard Hour Plan
an incentive plan that pays workers more if they finish their work in a less amount of time
Components of Motivation
direction of thoughts, intensity of behaviors
in equity theory inputs can include
education, personality traits, skills and knowledge
what are disadvantages of merit pay
encourages individual achievement instead of team work, quickly increases payroll expenses, employees sometimes perceive it is unfair
incentives linked to stock performance can lead to which of the following ethical issues?
executives dishonestly raising stock prices and thereby obtaining a bonus and stock option, scandal that damages the companies reputation
Interactional Justice
form of organizational justice that reflects whether people are told the truth and treated with respect
according to goal setting theory, which of the following are needed in order for goals to motivate employees?
goal specificity, commitment to the goal, ability to achieve the goal
Competence Needs
i need to feel knowledgeable and capable of completing a goal
relatedness needs
i want to be connected with others and belong to a group
what intrinsic and extrinsic rewards will i receive if i achieve my desired level of performance is what element of vrooms expectancy theory?
instrumentality
when designing a pay structure hr departments consider which of the following?
market forces, legal requirements, principles of fairness
straight commission compensation plan
not earning a salary only commission
acquired needs theory states that
one need often predominates over the others, each of these needs can be used to motivate employees
pay, promotions, challenging assignments, participation in decision making are all considered?
outputs in adams equity theory
what is a drawback of using pay grades?
pay rates for individual work do not match pay levels specified by the market
what is the difference between performance bonuses and merit pay?
performance bonuses are not built into base pay
interpersonal opposition based on personal disagreement is
personality conflict
profit sharing can enhance feelings of?
procedural and distributive justice
stock option
the opportunity to purchase a specific number of stock shares at a predetermined price
expectancy theory
used to predict behavior in situations where there is a choice between two or more alternatives
equity theory
uses out perceptions of outputs, inputs and comparisons of ratios
since there are advantages and disadvantages for all types of incentive pay organizations offset the disadvantage by
using a balanced score card approach
what is one advantage of a profit sharing program?
when the company generates little or not profit, there is no need to spend much on this type of incentive
what are some disadvantages of a profit sharing program?
workers might not be motivated bc they feel they have little effect on the amount of profit the business generates, waiting months to receive a check causes workers to lose motivation, workers expect their profit sharing check to be about the same as what competing companies are offering
autonomy needs
"I need to feel independent to influence my environment" desire to have freedom and discretion in determining what you want to do and how you want to do it
