What is the relationship between CEO remuneration and equity theory? Who do you believe should be the referent others in these equity judgements, and can you provide examples?
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What is the relationship between CEO remuneration and equity theory? Who do you believe should be the referent others in these equity judgements, and can you provide examples?
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Solved in 4 steps
- Give a specific situation of how a manager can use Equity Theory in the workplace. Explain it briefly.Provide an example of how a manager can apply Equity Theory in the workplace briefly explain?If an experienced executive assistant discovered that she made the same amount of money as a newly hired janitor, how do you think she would react? What inputs and outcomes might she evaluate to make this comparison? How would you create a link with equity theory and expectancy theory of motivation to this situation?
- 1.Among the Theories of Motivational Behavior in Organization , choose only 1. You may cite an example for better understanding. 2. Working Conditions as MotivationWhat qualities should working conditions have to be motivating to employees? 3. Theory X and Theory YAll styles of management are useful in certain situations. Come up with a scenario inwhich•Theory X is appropriate as a management and motivational style •Theory Y is appropriate as a management and motivational styleStudies have demonstrated that, when individuals perceive that compensation and rewardsystems are equitable, they have greater levels of job satisfaction and are willing to commit toorganisational objectives.Discuss ‘Equity theory’ and its importance to get high level of satisfaction of employeesExplain the significance of motivation theories. Why there was a need for such theories? How motivation theories been evolved from early to contemporary theories and why? Also critically evaluate the managerial implications of the motivation theories.
- What are the managerial implications of equity theory?What do you think are the most important motivational aspects for a manager to keep in mind for managing a small group of employees? Why?d. How can a manager create a culture of transparency and trust around compensation, so that employees feel valued and motivated to perform at their best?
