LPHR Magazine (March 2013) - Page 34

MOTIVATION LPHR 3/13 EQUITY THEORY INPUTS ← ← OUTPUTS J. Stacy Adams Equity Theory [1963] Equity Theory, as the name implies, is predicated on the assumption that people want to be treated fairly, particularly when compared to how others around them are treated. It also purports that such comparisons will be made frequently. In the context of employment, equity theory asserts that employees will compare their inputs (everything they bring to the job and invest in the job) and outputs (how they are rewarded - both MARCH 2013 | LPRH.CO intrinsically and extrinsically - for what they invest in the job) to others’ inputs and outputs. If employees come away from this process w ₯Ρ Ρ‘”™••±₯Ήœ…́ё½Υ Ρ‘•δ…Ι”‰•₯ΉœΡΙ•…Ρ•™…₯Ι±δ₯Έ½΅Α…Ι₯Ν½ΈΡΌ½Ρ‘•ΙΜ°Ρ‘•δέ₯±°½ΉΡ₯ΉΥ”ΡΌΑΥЁ™½ΙΡ •™™½ΙΠΈ ½ΉΩ•ΙΝ•±δ°•΅Α±½ε••Μέ‘Ό½΅”…݅䁙ɽ΄Ρ‘₯́ΑΙ½•Ν́έ₯Ρ Ρ‘”‰•±₯•˜Ρ‘…Ёё•δ…Ι”‰•₯ΉœΡΙ•…Ρ•ΥΉ™…₯Ι±δέ₯±°Ν••¬ΡΌ΅…­”„‘…Ή”ΈQ‘…Ё‘…Ή”΅₯‘Ё₯Ή±Υ‘”ΡΙε₯ΉœΡΌ‘…Ή”Ρ‘•₯ȁ½έΈ₯ΉΑΥΡΜ°ΡΙε₯ΉœΡΌ‘…Ή”Ρ‘•₯ȁ½έΈ½ΥΡΑΥΡΜ°½ΘΡΙε₯ΉœΡΌ‘…Ή”Ρ‘”₯ΉΑΥΡ́½Θ½ΥΡΑΥΡ́½˜½Ρ‘•ΙΜΈΉδ½˜Ρ‘•Ν”½ΑΡ₯½ΉΜ½Υ±΅…Ή₯™•ΝЁё•΅Ν•±Ω•Μ₯Έ•₯Ρ‘•ΘΑΙ½‘ՍΡ₯Ω”½ΘΥΉΑΙ½‘ՍΡ₯Ω”έ…εΜΈΉ°½˜½ΥΙΝ”°Ρ‘…Ёͅ΅”•΅Α±½ε•”½Υ±ΕΥ₯Π€΄Ρ‘”΅½ΝЁ‘Ι…΅…Ρ₯Œέ…δΡ‘…Ё…Έ•΅Α±½ε•”…Έ‘…Ή”₯ΉΑΥΡΜΈ((