Match List - I with List - II. List - I (Theories of Compensation) — List - II (Description) (A) Equity…
Matching the theories of compensation with their descriptions: (A) Equity theory relates to (I) employees evaluating the ratio of their rewards to their job efforts; (B)…
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Match List - I with List - II.
List - I (Theories of Compensation) — List - II (Description)
(A) Equity theory — (I) Employees believe that their rewards are greater than their job efforts
(B) Expectancy theory — (II) Employees work with zeal when they are certain about achieving superior performance and positive outcomes
(C) Contingency theory — (III) Induces the employees to take betted responsibility for their decisions
(D) Agency theory — (IV) Effectiveness depends on congruence among the firm, the environment and the compensation strategies
Answer and explanation
Correct answer A
Matching the theories of compensation with their descriptions: (A) Equity theory relates to (I) employees evaluating the ratio of their rewards to their job efforts; (B) Expectancy theory posits that (II) employees work with zeal when they are certain about achieving superior performance and positive outcomes; (C) Contingency theory holds that (IV) effectiveness depends on congruence among the firm, the environment, and compensation strategies; and (D) Agency theory (III) induces employees (agents) to take better responsibility for their decisions aligned with principals ((A)-(I), (B)-(II), (C)-(IV), (D)-(III)).
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UGC NET HRM / Labour Welfare and Industrial Relations