What Is Equity Theory? What Is the Difference Between Felt

question 132

Essay

What is equity theory? What is the difference between felt negative inequity and felt positive inequity? What are some of the actions that employees can take to restore equity?

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Definitions:

Special Events Coordinator

A professional responsible for planning, organizing, and overseeing events such as conferences, festivals, and weddings to ensure they run smoothly.

Social Learning Theory

A theory in psychology that suggests people learn from one another, via observation, imitation, and modeling.

Rational Behavior

Making decisions based on logical reasoning, often aimed at achieving the most beneficial outcome while minimizing losses.

Socialization

The social process through which individuals acquire the values, behaviors, and norms of a society and learn to function as members of that society.