What concept revolves around the fair distribution of wages and benefits to motivate employees according to their needs?

Equity Theory addresses the principle of fairness in the distribution of wages and benefits, emphasizing that employees are motivated by their perception of fairness in the workplace. According to this theory, individuals assess their own input-output ratio—such as effort, experience, and competencies—against that of their peers. When employees feel that they are receiving equitable rewards based on their contributions, they are more likely to be motivated and satisfied with their jobs.

The focus on fair distribution aligns with the belief that motivation can be enhanced by ensuring that employees feel valued and fairly compensated for their work. This perception of equity is crucial, as discrepancies can lead to dissatisfaction, decreased morale, and reduced motivation among employees. Hence, Equity Theory provides a framework for understanding how fairness impacts employee motivation and engagement.

The other concepts mentioned, such as Attribution Theory, Expectancy Theory, and Intrinsic Motivation, do not directly center on the fair distribution of wages and benefits in the same context as Equity Theory. Instead, they focus on different aspects of motivation and human behavior in the work environment.