Motivation is a complex topic with many theories and factors to consider. Three key theories are discussed in the document:
1. Herzberg's two-factor theory proposes that job satisfaction and dissatisfaction are determined by different factors, with motivators like achievement and recognition increasing satisfaction, and hygiene factors like pay and supervision preventing dissatisfaction.
2. Expectancy theory suggests that motivation depends on expectations of effort leading to performance and performance leading to rewards, with the anticipated value placed on those rewards.
3. Equity theory is based on social comparisons, with motivation influenced by perceptions of fair outcomes relative to inputs compared to a reference person. Managing motivation requires understanding these cognitive and social factors.