Examlex
A performance appraisal system that has been adopted by several companies to enhance communication is called 360-degree feedback.
Underreward Inequity
A situation where an individual perceives they are receiving less compensation or recognition for their efforts compared to others.
Outcome/Input Ratio
A concept used in equity theory referring to the ratio of contributions (inputs) an individual gives to a job and what they receive (outcomes) in return.
Overreward Inequity
A perception that one is receiving more rewards in comparison to their input or efforts, which can lead to feelings of guilt or discomfort.
Maslow's Needs Hierarchy
A theory proposed by Abraham Maslow that suggests human needs are arranged in a hierarchy from most to least pressing: physiological, safety, love/belonging, esteem, and self-actualization.
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