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This question contains two parts; be sure to answer both.
Discuss how managers can use equity theory to help motivate workers.
Second, imagine that you are the CEO of Online Designs, an online marketing agency that specializes in Web and social media marketing. Your company has 10 employees. You, the CEO, earn $200,000 per year in salary, plus another $200,000 in bonuses. Your account executive earns $150,000 per year and has a company car, along with other perks. The other eight staffers are junior-level programmers and sales reps, each earning $50,000 per year. How might the eight junior employees perceive the equity of the workplace, and what might they do to reduce their cognitive dissonance? How might you go about correcting the perceptions of inequity?


Definitions:

Eighteenth-Century

Refers to the period from 1701 to 1800, marking a century that experienced the Enlightenment, significant technological advancements, and pivotal changes in political landscapes globally.

Extended Kinship Ties

A social network of relatives beyond the immediate family, which can include cousins, second cousins, and even family friends, playing a significant role in societal structures and support systems.

Socioeconomic

Related to or concerned with the interaction between social and economic factors.

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