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https://studentshare.org/management/1689812-equity-theory-2-videos.
Equity Theory Equity Theory Introduction The two theories of equity presented in this paper include Adams theory of equity and Maslows Hierarchy of Needs. The theories of equity are very important concepts in a work place. They are concept that derives job satisfaction and motivation of employees by comparing their effort or inputs and income or output in one organization with other employees in it or another firm.Adams Equity TheoryThe theory calls for a fair balance of employees’ inputs such as hard work, tolerance, skill level and enthusiasm with employees output such as salary, recognition and benefits (Adams, 2014, 00:02:13).
Adams theory acknowledges that variable factors affect employees’ assessment and perception of their relationship with their employer and their work. Employees may be demotivated with their employer or job if they feel that their inputs are greater than the output. Therefore, the resultant effects of this will be reduced efforts, disgruntled and disruptive. In the application of this theory in a work place, it is important to consider the imbalance and the balance that exist between employees input and output in order to have satisfaction in a work place.
Maslows Hierarchy of NeedsThis theory believes that a good leader will recognize the needs and well-being of the team members in order to build a highly and successful teams (Maslow, 2012, 00:03:44). Maslow believes that that there should be an emotional contact between leaders and their team for enhancement of equity and motivation at work place. In this theory, the followers usually give in their best return when they realize their leaders are looking upon their welfares. However, the theory contends that, as people strive to achieve basic needs, they also seek to satisfy their higher sets of needs.
BibliographyAndrawis, Youssef, E. 2014. Adams equity theory. You tube Video Clip. Web. April 18, 2015. Retrieved from www.youtube.com/watch?v=63OoI6afhMoHierarchy, Maslow A. (March 9, 2012). Overview of Maslows Hierarchy of Needs. You tube Video Clip. Web. April 18, 2015. Retrieved from www.youtube.com/watch?v=EH04OsNuvcw
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