HR 3301 Chapter Notes - Chapter 10 : Equity Theory, Expectancy Theory
Document Summary
Low variability: few swings in corporate overall performance. Situation a provide a wide range of rewards beyond just money. Situation c emphasize monetary rewards with large incentive component. High variability: regular and large swings in overall corporate performance. Situation b provide a wide range of rewards beyond just money. The analysis divides companies into those with low variability in organizational performance (few swings in overall corporate performance0 from year to year and those with high variability (regular and large swings in overall corporate performance). Employee performance also matters as some employees have jobs that are relatively stable. Company"s success depends on its ability to attract and retain the right talent. Therefore, it is important to figure out which components of the compensation package are likely to influence this decision to join. Motivations involves (3) elements: what"s important to a person, offering it in exchange for a, desired behaviour.
