The idea of equity theory

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You are a manager of a local fast-food operation (such as Domino's Pizza). You recognize that most of your employees are working to earn money for college or working only until they can find another job. (Turnover is very high in the fast-food industry). Your boss, a regional manager, has given you authority to design programs to reduce turnover and help lengthen employee stays. What ideas would you submit and why?

The idea of Equity Theory is that there is a perceived "equation" of what we "put into" our work, and what "get out of" our work. This also exists in our comparison of others and their inputs and outputs. This is demonstrated in the video of the monkeys and the experiment with cucumbers and grapes. Regarding your work thus far or your future career:

What are some things we "put into" our work?

What are some expected things we wish to "get out of" our work?

Reference no: EM133339705

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