How do the concepts from equity theory apply to situation


Assignment

Important: You must watch the W3 Now What? video in the 'Required Excersises' folder in order to answer this discussion question.

Imagine that a coworker is complaining to you about being upset after learning that another coworker is being paid more despite the complaining coworker being at the company a year longer.

Watch the "Now What?" video and discuss the following questions:

• What role do rewards play in this situation? How do the surface and symbolic values of the rewards influence what happens?

• In chapter 5 we discussed equity theory. How do the concepts from equity theory apply to this situation?

• As a manager, what could you have done to better handle the situation? Why would this be a better solution? Please provide 1-2 examples to support your viewpoints that other learners will be able to assess and debate within our weekly discussion forum.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Business Management: How do the concepts from equity theory apply to situation
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