Years ago, the Spanish Airline – Iberia, was near bankruptcy. To get out of this situation, the company forced its pilots to take pay cuts. When the financial situation improved, the company refused to reverse the cuts and pay salary increases due to inflation. The pilots perceived that as unfair (as compared to other pilots in the industry) and staged a work slowdown (call in sick for 10 days in a row). From Equity theory perspective, the staged work slowdown is an example of which inequity response? Changing outputs Leaving the situation
Years ago, the Spanish Airline – Iberia, was near bankruptcy. To get out of this situation, the company forced its pilots to take pay cuts. When the financial situation improved, the company refused to reverse the cuts and pay salary increases due to inflation. The pilots perceived that as unfair (as compared to other pilots in the industry) and staged a work slowdown (call in sick for 10 days in a row). From Equity theory perspective, the staged work slowdown is an example of which inequity response? Changing outputs Leaving the situation
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Years ago, the Spanish Airline – Iberia, was near bankruptcy. To get out of this situation, the company forced its pilots to take pay cuts. When the financial situation improved, the company refused to reverse the cuts and pay salary increases due to inflation. The pilots perceived that as unfair (as compared to other pilots in the industry) and staged a work slowdown (call in sick for 10 days in a row). From Equity theory perspective, the staged work slowdown is an example of which inequity response?
Changing outputs
Leaving the situation
Choosing a different reference
Distorting perceptions of self
Changing inputs
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