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Modern Motivation Theory
The world is changing rapidly in the 21st century. In accordance to the external changes, the dynamics of the human resource are also transforming. Larger number of women are leaving the boundaries of their homes and entering into the professional world. People have become more educationally qualified. |
There is also variation in the racial mix, with the white population towards descent. However, if there is one thing that has not changed in proportion, it is our outlook and values towards life. Negativity is bound to creep in, if an organization is biased towards a particular gender, race or on any other agenda; and discriminates between employees on such issues. Such discriminatory attitude tends to demoralize the staff.
The Equity Theory of employee motivation projects the relationship between the fairness level at a work place and the intensity of motivation. This theory in essence reflects how an employee in his or her mind balances what he or she gives and receives from the organization. Each individual who steps out to achieve something in life contributes to his or her work place various personal skills such as experience, qualification, potential, acumen and other personal strength. In return, the expected motivating factors are money, perks, power, status and acknowledgement.
As per the Equity Theory, the level of motivation is the highest when an individual assess his or her rewards to be equivalent to the services offered to the company. Also, he or she needs to know that there is no element of discrimination and fair judgment prevails. Studies related to Equity Theory and employee motivation reveal that additional rewards fetch better productivity and morale boost. However, fairness cannot be stretched too far. Sometimes different motivational scales have to be utilized for different employees such as for most people a pay hike would be the best reward but flexibility in working hours may be a bigger motivator for a working mother.
Another contemporary model for work motivation is the Porter-Lawler expectancy model. This is an expansion of the expectancy model created by Victor Vroom in 1964. This model demonstrates that the motivation of employees depends upon two aspects. Firstly, they need to trust that their labor will be rewarded. Secondly, it is important to understand the nature of rewards that the employees consider significant. The alleged justness of these rewards produces job contentment.
The Equity Theory and Porter-Lawler Model are the only two theories of motivation that highlight the importance of fair play in an organization. There can be no bigger motivator than the faith that one is being treated with justice. Discrimination on any grounds leads to low motivation levels and subsequently downfall in business.
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 Motivation is an element of the human psychology that energizes an individual to perform. There are various factors that can have an impact on the level of motivation of a person. In order to gather insight to the topic, it is vital to comprehend the nature and effect of each factor. One of the factors that influence motivation is the diversity in culture. More..
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