Asked by Nazareth Valladares on Jul 16, 2024
Verified
Briefly explain expectancy theory as it relates to organizational rewards.
Expectancy Theory
A motivation theory stating that individuals are motivated to act in a certain way based on the expectation that their action will lead to a desired outcome.
Organizational Rewards
Incentives or benefits provided by an organization to its employees as a form of recognition for their contributions or performance.
- Comprehend the core concepts underpinning competency-focused salary systems.
Verified Answer
KD
Kamiar DaraiJul 23, 2024
Final Answer :
Expectancy theory relates to employees' motivation. The theory suggests that for a reward to be motivational, three conditions must exist: the reward must have high valence (must be valued by employees); there must be high instrumentality (employees must trust that they will get the rewards if they perform the task); and there must be high expectancy (employees must have an expectancy that they can do the task).
The theory predicts that one's level of motivation depends on the attractiveness of the rewards sought and the probability of obtaining those rewards. Expectancy theory posits that employees will exert greater work effort if they have reason to expect that it will result in a reward that is valued. To motivate this effort, the value of any monetary reward should be attractive. Employees also must believe that good performance is valued by their employer and will result in their receiving the expected reward.
The theory predicts that one's level of motivation depends on the attractiveness of the rewards sought and the probability of obtaining those rewards. Expectancy theory posits that employees will exert greater work effort if they have reason to expect that it will result in a reward that is valued. To motivate this effort, the value of any monetary reward should be attractive. Employees also must believe that good performance is valued by their employer and will result in their receiving the expected reward.
Learning Objectives
- Comprehend the core concepts underpinning competency-focused salary systems.
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