MGMT100 Lecture Notes - Lecture 10: Equity Theory, Expectancy Theory

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School
Department
Course
MGMT100 Managing People, Systems and Culture
Week 10 Workshop
Motivation
What is Motivation?
The drive to increase/improve the level, direction and persistence of effort expended
at work
A reward is an outcome of positive value to the individual and can be used to
motivate workers:
- Extrinsic rewards are given to someone by another individual
- Intrinsic rewards are self-administered
Content theories of motivation help us understand human needs
Process theories:
- Offer additional insights into how people give meaning to rewards
- Add to managers understanding of individual differences
Reinforcement theory of motivation focusses attention on the environment as a
major source of rewards
Needs:
- The unfulfilled psychological desires of an individual
- Everyone has needs
- Needs can cause tensions that influence attitude
Weaknesses with Motivation:
- Theories are based on individual motives
- Motivation is easily lost
- If a copay does ot ork to otiate their eployees the they o’t get
much work completed by the workers
Equity theory of motivation:
Personal rewards are compared with others rewards
The reward can then be either equitable or inequitable
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Document Summary

What is motivation: the drive to increase/improve the level, direction and persistence of effort expended at work, a reward is an outcome of positive value to the individual and can be used to motivate workers: Extrinsic rewards are given to someone by another individual. Intrinsic rewards are self-administered: content theories of motivation help us understand human needs, process theories: Offer additional insights into how people give meaning to rewards. Add to managers understanding of individual differences: reinforcement theory of motivation focusses attention on the environment as a major source of rewards, needs: The unfulfilled psychological desires of an individual. Needs can cause tensions that influence attitude: weaknesses with motivation: If a co(cid:373)pa(cid:374)y does (cid:374)ot (cid:449)ork to (cid:373)oti(cid:448)ate their e(cid:373)ployees the(cid:374) they (cid:449)o(cid:374)"t get much work completed by the workers. Equity theory of motivation: personal rewards are compared with others rewards, the reward can then be either equitable or inequitable.

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