What is the difference between expectancy theory and equity theory
Similarities between maslow's hierarchy of needs and herzberg's two factor theory 1.Expectancy theory, equity theory, or goal setting theory.Give two examples of how you will implement the motivational theory you've chosen.Expectancy theory holds that individuals seek to maximize their positive outcomes.This paper explores the two contemporary theories of motivation process theories, equity (adam's) theory and expectancy (vroom's) theory.
Equity theory proposes that individuals estimate the ratio of what has been contributed (i.e., inputs) to what has been received (i.e., outcomes) for both themselves and a chosen referent other (adams, 1965 ).In contrast, equity theory posits that individuals seek to find balance between their inputs and outcomes.Choose one from the following three:The key difference between expectancy theory and equity theory is that according to expectancy theory, people perform actions in exchange for rewards based on their conscious expectations, but equity theory suggests that people derive job satisfaction by comparing their effort and reward ratio with others.Instrumentality is the perceived relationship between performance and rewards.
Equity theory indirectly motivates you to change your actions if inequity is perceived.In conclusion, the expectancy theory and equity theory are two process theories of motivation based on how people make choices to work hard or not.