BUS 082 Lecture Notes - Lecture 13: Equity Theory, Expectancy Theory, Job Security
17 Sep 2020
School
Department
Course
Professor
Document Summary
People"s needs depend on what they already possess. A satisfied need is not a motivator; only needs that remain unsatisfied can influence behaviour. People"s needs are arranged in a hierarchy of importance; once they satisfy one need, at least partially, another emerges and demands satisfaction. People have five levels of needs that they seek to satisfy: physiological needs, safety needs, social (belongingness) needs, esteem needs, self-actualization needs. Hygiene factors result in satisfaction: salary, job security, working conditions, status, interpersonal relations, technical supervision, company policies, job responsibilities, achievement, recognition, growth opportunities. Motivator factors can produce high levels of motivation if present. Expectancy theory: the process people use to evaluate the likelihood that their efforts will lead to the results they want and the degree to which they want those results. Equity theory: an individual"s perception of fair and equitable treatment. A goal is a target, objective, or result that someone tries to accomplish.
