A Role for Equity Theory in the Turnover Process: An Empirical Test1 RODGERw.GRlFFETH2 AND STEFAN GAERTNER Department of Management Georgia State Universiw The purpose o f the present study was to examine the role o f equity theory in the context of the contemporary turnover process. A model was developed and tested with 192 hospital employees using structural equation modeling (SEM)‚ which placed satisfaction and intention to quit as mediators of employee turnover. The results strongly support
Premium Job satisfaction
Adams’ Equity Theory Balancing Employee Inputs and Outputs -------------------------------------------------------------------------------- If you pay "peanuts"‚ you may get "monkeys". © iStockphoto/RedBarnStudio Adams’ Equity Theory calls for a fair balance to be struck between an employee’s inputs (hard work‚ skill level‚ tolerance‚ enthusiasm‚ and so on) and an employee’s outputs (salary‚ benefits‚ intangibles such as recognition‚and so on). According to the theory‚ finding this
Premium Employment Motivation Maslow's hierarchy of needs
The problem in my workplace is High Turnover rates due to lack of raises‚ wages‚ and benefits in the supermarket. Waldbaums a supermarket chain I work for lacks motivation and needs a solution to this problem. In many cases at my job (supermarket) many employees are not rewarded for there hard work nor have motivation for staying. Full-time employment is no longer‚ or rarely an option‚ and the part-time workers receive no more then twenty cent raises twice a year. In many cases there are employees
Premium Employment Game theory
Equity Theory by John Stacey Adams Equity Theory attempts to explain relational satisfaction in terms of perceptions of fair/unfair distributions of resources within interpersonal relationships. Equity theory is considered as one of the justice theories; it was first developed in 1962 by John Stacey Adams‚ a workplace and behavioral psychologist‚ who asserted that employees seek to maintain equity between the inputs that they bring to a job and the outcomes that they receive from it against the
Premium Management Marketing Ethics
Equity Theory of Motivation The equity theory of motivation is used to describe the relationship between the employees perception of how fairly is he being treated and how hard he is motivated to work Motivation is the activation of an energized goal-oriented behavior. Everyone takes up a job as they are motivated by some factor or the other. Some are motivated by the challenge they will face in carrying out their job‚ some are motivated by the level of fame they may earn‚ others and
Premium Motivation
1. INTRODUCTION Equity is defined by a complex mathematical formula‚ but in practice it is described as relationship‘s fairness between people in one society. Equity theory is social justice theory‚ designed by Adams in 1963. It claims that individuals review the inputs and outcomes of themselves and others‚ and in situations of inequity‚ experience greater cognitive dissonance than individuals in equitable situations. This kind of equity is perceived as social justice in society (or company
Premium Perception Reward system Justice
EQUITY THEORY • This process theory focuses on workers’ perceptions of the fairness of their work outcomes and inputs. Specifically they strive to maintain ratios of their own rewards to contributions which are equal to others’ ratios . EQUITY EQUATIONS • Equity – Outcomes (self) Inputs (self) = Outcomes (other) Inputs (other) •Underpayment Inequity Outcomes (self) Inputs (self) • Overpayment Inequity Outcomes (self) Inputs (self) < Outcomes (other) Inputs (other) > Outcomes
Premium Motivation
"Equity is a subjective evaluation‚ not an objective one. Based on the comparison that individuals use‚ each individual is likely to develop different perceptions of equity." (Scholl‚ 2000) When individuals look at the equity model on the job scale‚ they compare their contributions and rewards to that of those around them (associates‚ coworkers‚ management‚ etc.). If the equation is balanced‚ the "equity"--as society puts it--is accomplished. If it is unbalanced‚ the inequity may cause individual
Premium Non-commissioned officer Sergeant Equity theory
Equity theory The motivation theories highlighted in the case which are Equity theory and Vroom’s expectancy theory. For the Equity theory which is developed by J.Stacey Adams‚ proposes that employees perceive and assess a ratio of jobs inputs related to the outcomes they received for their performance to seek either equity or inequity in their situation and then corrects any inequity. The term of equity in the Equity theory is related to the concept of fairness‚ justice‚ and treated equally between
Free Motivation Distributive justice Justice
Introduction This piece of eassy will contain two sections. In this part of the eassy I will discuss the meaning and importance of equity in taxation since Adam Smith included it as one of the Canons of taxation. Equity is defined as “redistributive taxation induces allocative distortions by driving a wedge between the price the consumer pays and the price the producer receives” (Begg et al. 2005‚ p.219). There are two types of equity to be considered: the horizontal equity‚ and vertical equity. “The
Premium Tax