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Explain how the following theories can be applied to enhance employee performance at workplaces (1) Maslow's theory of hierarchy of need (2) Equity theory (3) Goal setting...

Explain how the following theories can be applied to enhance employee performance at workplaces
1. Maslow's theory of hierarchy of need
2. Equity theory
3. Goal setting theory

Answers

Maslow's theory of hierarchy of need- An employee is motivated to work in order to satisfy basic physiological needs for survival, such as having enough money to purchase food. The next level of need in the hierarchy is safety, which could be interpreted to mean adequate housing or living in a safe neighborhood. The next three levels in Maslow's theory relate to intellectual and psycho-emotional needs: love and belonging, esteem (which refers to competence and mastery), and finally the highest order need, self-actualization. Employers need to understand these motivational needs in order to facilitate their achievement at the place of work.

Equity theory- Equity Theory explains motivation in the workplace as a cognitive process of evaluation, whereby the employee seeks to achieve a balance between inputs or efforts in the workplace and the outcomes or rewards received or anticipated. The employee compares his inputs relative to outcomes; and, then, extrapolating to the social context, the employee compares his input/outcome ratio with the perceived ratios of others. If the employee perceives an inequity, the theory posits that the employee will adjust his behavior to bring things into balance. Equity Theory has proven relevance in situations where an employee is undercompensated.
Goal-setting theory- ? In order for a goal to be motivating, the employee or workgroup must first accept the goal. While difficult goals can be more motivating, a goal still needs to appear achievable, which in turn will lead to greater goal acceptance. The person or group should have the necessary skills and resources to achieve the goal, or goal acceptance could be negatively impacted. Specific goals that set a performance expectation are more motivating than those that are vague. Similarly, more proximal goals have a greater motivation impact than distal goals.

Chatelaine answered the question on June 16, 2021 at 04:52

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Explain how the following theories can be applied to enhance employee performance at workplaces (1) Maslow's theory of hierarchy of need (2) Equity theory (3) Goal setting...

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