Before
we go in to look at the Expectancy theory and the Equity theory in
detail, it is thus vital to understand what ‘process theories' are in
the first place, as the Expectancy theory and the Equity theory are both
process theories. Hence so in general, the process theories are
basically concerned with how the people think and behave to get what
they want. To say, these theories do go to explain how the
employees/people are motivated thus focussing on the process by which
motivation occurs. In other words, it could also be said that these
theories explain why the employees behave the way they do. However, the
process theories do help the managers to basically understand, predict
and influence employee performance, job satisfaction and other outcomes
paving way to help motivate the employees.Having said that, let us now
look at each of the two theories seperately in order to better
understand the two and their contributions to help motivate employees.
Vroom's Expectancy Theory
The
Expectancy theory is a process theory developed by Victor Vroom. Unlike
the other content theories which focuses on the needs of the
individuals in order to motivate human/employees, this theory basically
concentrates on the outcomes. What Vroom explained in his theory is
that fact that in order to motivate employees/ people the effort put in
by the employees, the performance generated and motivation must be
linked to one another. In other words Vroom basically proposed three
variables which in turn was vital to motivate employees. They are
basically,
· Expectancy
· Instrumentality
· Valence
Having said that,
Expectancy
is the believe that increased effort will basically lead to increased
performance. In other words, the more the effort put in, the more the
performance will be. For example, an employee assumes that if he works
harder the better the performance will be. But believing that
increased effort will lead to increased performance is mainly influenced
by factors such as having the right amount of resources available,
having the right skills to carry out the job and the necessary support
of the supervisor etc. Without these, it is unlikely that expectancy
could be achieved.
Likewise,
Instrumentality is
the believe that if you perform well in a task then the outcome is
going to be good. In other words, a valued outcome is received the more
you perform the task well. At the same time, instrumentality is also
influenced by factors such as having a clear understanding of the
relationship between performance and outcome and trusting the people who
will basically decide on the who gets what outcome.
Valence
on the other hand is basically the importance that the individuals
place on the expected outcome. In other words, meaning to say that how
do the employees take the outcomes offered to them for their task
performance. For example, an employee may be motivated by recognition.
If so the case, then the employee may not value a rise in pay because
it is not the most important to him. At times, they may even go to
reduce the effort they put in according to how they value the outcomes
received.
Having said that, the employees in an organization will only be motivated if they tend to believe that,
· By putting in more effort will lead to better performance.
· Better job performance will lead to better rewards such as better salaries, benefits etc.
· And the predicted organizational rewards are valued by the employee.
By
any chance if the employees happen to believe that any one of the
above are not true, then Vroom states that the employees are unlikely to
be motivated. In other words, meaning to say that in order to motivate
the employees all of above three have to be achieved by the
organization.
Adam's Equity Theory
The
Equity theory developed by Adam in 1963 is based on the idea that
employees basically expects a fair balance between their inputs and
outputs. In other words, what exactly means by is that the employees are
likely to be de-motivated both in relation to their employer and the
job if they happen to believe that their inputs ( effort, loyalty, hard
work, commitment, ability, adaptability, tolerance, flexibility, skills
etc) are greater than their outputs( salary, benefit, recognition,
reputation, responsibility, sense of achievement, sense of
advancement/growth, job security, praise etc).
The employees
usually compare themselves with the other employees who are likely to
put in similar inputs as they do and the outputs they receive. Meaning
to say that, an employee will basically compare himself/ herself with
another employee in order to find out whether he/she has been treated
fairly. However, this actually does not mean that all employees have to
be treated the same way and given exactly what is being to the other
employees. This is because all employees are not motivated by the same
outputs expected by the other employees. For example, a newly working
mother may look for something like flexible hours more than an in crease
in pay.
However, even though employees may seek for a balance
between their inputs and outputs it is not always possible to measure
the inputs and out puts of the employees and provide them with the
correct balance . But still it is possible to give a similar output for
the inputs of the employee in order to have a fair balance between the
two. Having said that, in order to motivate the employees to higher
levels and which eventually lead to enhance the performance, it is thus
important to try and give a fair outcome for the inputs of the
employees. In order to do so, the managers must understand the employees
better of what are they aiming for and try and give them the best
possible out come according to what they expect.
Finally, it
should be said that both the Expectancy theory and the Equity theory do
provide the managers with an insight of how to motivate the employees
not by concentrating on the needs of the employees but rather the
outcomes. In other means, the managers basically get to understand what
exactly have to be done or the actions taken when it comes to motivating
employees, by way of outcomes. To say, when it comes to the expectancy
theory this theory highlights the fact that in order to motivate the
employees the managers should basically tie the rewards to performance.
In other means, the employees need to be rewarded according to how they
perform meaning to say that the better they perform the better the
rewards should be. In spite of that the manager should also ensure that
the rewards given to the employees are deserved and wanted by the
employees. Not only that , but the managers should also conduct training
programs which will eventually improve the capabilities of the
employees while making them to understand that the more the effort the
better the performance will be. Like wise, the equity theory also goes
on to say that if the employees are to be motivated then it is time for
the managers to try and provide the employees with rewards that are very
much equal to their inputs as far as possible.
By Shameena Silva