MANA 443 Lecture Notes - Lecture 10: Expectancy Theory, Performance Measurement, Goal Setting
Document Summary
If expectancy theory is correct : training, clarification of tasks, and role clarity (how you should do your job) may increase expectancies terms of managing instrumentalities . If i try, can i do it: performance measurement, and perceptions of politics, etc. are critical in. Equity theory: motivation is determined by a ratio of inputs to outputs relative to a comparison other. Motivation is highest when the equation is in balance. When the equation is not in balance, individuals are only motivated to restore equity. This is a very real issue, but is difficult as it involves individual perceptions that may not be rooted in fact. While external equity is important, internal equity is even more important. Placement of jobs in job hierarchy/salary structure. Clear explanation of factors that drive differentiated pay. Consistency is important; variations will be scrutinized. Need to constantly monitor pay system for inequity: