Organozational of Theory Behavior

Organizational of Theory Behavior

Expectancy Theory

Developed by Victor Vroom, this theory seeks to define human behavior. It supposes that a person’s choice to behave in a certain way and not in another is dependent on the desirable results achieved from that behavior. The expectancy theory consists of several elements, namely expectations, unlocking potential, effort, equity and lastly, performance (Fiore, 2004). Given confident employees who know they can perform their work efficiently and place a high value on their pay off, the equity element is most applicable.

Equity generally means fairness. In the context of employees, equity refers to paying workers fairly according to the amount of work done (Boone & Kurtz, 2009). In exchange for employees’ input in terms of skill and labor, they should receive their fair share of compensation for helping the organization in meeting its objectives. A fair pay will motivate employees to perform their duties more efficiently. In business organizations, equity between work done and compensation given can be achieved through a number of actions.

First, the employer should pay overtime for any work done after the normal working hours (Smit, 2007). Most employers force their workers to work during overtime hours and still pay them the basic salary. The second action is giving bonuses to the best performing employees. The results of this are two-fold; encouraging the hard workers to continue in the same spirit and motivate those not doing their best to put in more effort, knowing they too will be rewarded. The third way is by allowing workers a sick leave when they are not feeling well, without deducting this from their salary.

Employers should not view equity as a principal that meets the needs of employees only. It serves the interest of employees in the short-run while benefitting the employer in the end. In rewarding employees in accordance to the work done, they will be more motivated to increase the firm’s productivity. This will lead to increased profits for the employer.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

References:

Boone, L. & Kurtz, D. (2009). Contemporary Business Update. Hoboken, NJ: John Wiley and Sons.

Fiore, D. (2004). Introduction to Educational Administration: Standards, Theory and Practice. Larchmont, NY: Eye on Education.

Smit, P. (2007). Management Principles: A Contemporary Edition for Africa. Claremont, Cape Town: Juta and Company Ltd.