Question

In: Economics

Expectancy Theory of Motivation Exercise For each person, please complete the expectancy table below. Be sure...

Expectancy Theory of Motivation Exercise

  • For each person, please complete the expectancy table below. Be sure to explain your thinking. You MUST be clear with your reasoning and assumptions you make.
  • Submit the assignment by the due date.
  • Remember – there may be COMPANY offered outcomes/rewards AND/OR there may be outcomes/rewards that the individual expects. Each person has two rewards.
  • There are NO punishments or “no rewards” that are permissible responses for outcomes/rewards cell.
  • Be sure to watch the MyMedia Expectancy Theory Individual Activity prior to doing the activity. It walks you through the first situation – Arthur. (See the sample responses below).

Arthur – Arthur has been working for the same insurance firm for 20 years He was recently transferred to a position where he supervises a group of young managers-in-training. As a senior employee he is well paid. Money though doesn’t mean much to Arthur. His investments have done well and he has no family to support. Arthur’s principal interest has always been the work itself. If he’s diligent, Arthur is able to do a good job. But the transfer has taken him away from his previous work and he finds supervision uninteresting. In recognition of this, Arthur has been given a raise and promised more of the same work.

6) Overall Motivation

4) Effort to Performance-why

1) Required Performance

5) Performance to Reward-why

2) What are Reward(s)

3) Valence

Low

Due to valence

High

No indication he doesn’t do well – he has the experience

Describe

Supervise managers in training (he will help training)

High

Company gave him the rewards

Describe

Raise

More of same work

Low money not key to him and he doesn’t like supervision

Solutions

Expert Solution

1) Required performance: Arthur needs to supervise a group of managers in training.

2) Rewards offered: Arthur has been offered a raise for working at this new position and has been promised more work just like his previous work.

4) Effort to performance: The performance of Arthur has been good and he always does a good job even though he doesn't find the new work of supervision very interesting.

5) Performance to rewards: Arthur has been offered these rewards by the company for the good work he has been doing and also to make sure that he keeps up this good work. Since he doesn't find his new work interesting, rewards might make him a little motivated.

6) Overall motivation: Even though the company is offering high rewards to motivate Arthur for the new job but he doesn't like this work of supervision and is not motivated enough.


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