Expectancy Theory

Recognizing employees for accomplishments such as finishing a major project, reaching sales targets or providing excellent customer service can be an important motivating factor. Set goals for workers to strive for and offer rewards for reaching them. This could be in the form of an employee of the month scheme, a bonus, or a promotion. Some companies conduct meetings where employees are recognised for good work in front of their colleagues. This can help motivate all the workers in the business to strive for success.

The Expectancy Theory suggests that individuals choose a particular course of action after they have – often subconsciously – evaluated three critical components of the theory.

The first group of Supervisor A’s employees fail to advance past the effort-performance relationship component of Expectancy theory. These employees have little to no expectancy that their effort translates into better performance. This is primarily because they believe the new production process is too difficult, as they have stated the new process requires more hand dexterity than they are currently capable of. To overcome this hurdle and make the production goals obtainable, the company should consider providing reasonable accommodations to make the production process less difficult for these employees. Secondly, the company should consider providing better training as it may be an issue of the employees not

The company’s first step to implement the expectancy theory of motivation is to devise a written plan of action. Supervisors should be educated on the expectancy theory and should receive motivational training. Supervisors should then start verbally recognizing those workers who are working hard to meet the production goals set forth, even if the goals are not being met. The supervisors should acknowledge these employees by awarding those who are who are working hard and achieving the company’s production goals positive performance evaluations. Employees seeing hard work leads to recognition and praise will be motivated to perform better.

Have a one-on one meeting with the employees and leaders of the departments that are not meeting expectations to provide additional training, corrective actions, or otherwise work together with that particular team to develop a plan to improve, which would further empower the teams (Newstrom, 2015). For the teams who are meeting production goals in their department develop a rewards and recognition program so that the department or specific employees who have gone above and beyond could be recognized. This monthly awards and recognition program could replace the monthly financial bonus by providing another type of motivational and reward factor, which could be understood through the Equity Model, in which the employees would still see reward outcomes from their monthly inputs, in addition to the potential of a financial bonus (Newstrom,

Employees deserve recognition for their hard work, creative ideas and commitment to the company. “Employee recognition is the timely, informal or formal acknowledgement of a person’s or teams behavior, effort or business result that supports the organization’s goals and values, and which has clearly been beyond normal expectations” (Wiley & Kowske, 2012). It is important to show employees your appreciation for their work so they can understand how they are valued by the company. The effect of this action helps to increase employee satisfaction and productivity. Rewarding employees

Rewards are one of the most important items in motivating employee towards achieving organization objectives and goals. When rewards are given to a team or section basis, it will help in encourage knowledge sharing among the team members. Since employees playing a vital role in determining the survival of the organization in this competitive world, a performance based related rewards system is deem crucial for the long term success of an

In the workforce, employees turns to be more involved in the successful results when they know that they will share in the rewards (Wilkinson, 1992). There have to be a well established incentives for better creation of ideas and efforts which would lead to increased business. Rewards allows employees to see themselves being valued and recognize their involvement in the business. Employees' morale and motivation is boosted and the staff progress on with higher level of creativity and

As the labor force becomes more highly developed and demanding, rivalry between organizations for talented employees is drastically increasing. It is extremely important that organizations make their company more enticing as an incomparable career opportunity. Instituting a total rewards system into an organization can do much to help it invite the paramount talent available and significantly condense turnover. The longevity of an organization’s employees is contributed to its total reward system. According to Heneman (2007), total rewards is defined as all of the tools, whether intrinsic or extrinsic, offered to the employer that may be employed to attract, motivate and retain employees. This could

To reward the employees, they would calculate who has most success in the organization, such as, who was acquired the highest customer service rating, and there will also be recognition for employee of the

In principle, the motivation behind chosen behavior is determined by the attraction of the expected outcome. The very core of Vroom’s Expectancy Theory the reasoning processes of how the employee determines the effort behind goal using the motivational elements (Valence, instrumentality, and Expectancy) (Van Eerde & Thierry, 1996). Processing is done before an individual makes the final choice. The expected result, therefore, is not the only determining factor in the decision of performing the task because the person has to predict whether or not the expectation will be filled.

Reward and recognition systems must be adaptable to the changes at the speed of the business, as well as adjust to the existing business climate. A good reward and recognition program should have the capacity to motivate employees while aligning its goals to those of the organization. This program would essentially involve creating a balance between the remuneration of employees and acknowledgement of a job well done while optimizing competitiveness and getting good return-on-pay-expenditure. It is imperative that a clearly or properly thought-out strategy is articulated reflecting the requirements and needs of the organization, as well as its population especially considering the cost of the reward and recognition programs in the

Reward Management (RM) has been defined as the distribution of monetary and non-monetary rewards to employees in an effort to align the interests of the employees, the organisation, and its shareholders (O’Neil, 1998). In addition O’Neil (1998) also suggests that a RM system can serve the purpose of attracting prospective job applicants, retaining valuable employees, motivating employees, ensuring legal requirements relating to direct and indirect rewards are not violated, assisting the company in achieving human resource and business objectives, and ultimately assisting the organisation in obtaining a competitive advantage.

Reward and recognition programs must connect the needs and expectations of the workforce with the company’s overall goals and strategies. A program that reinforces important company values and goals will encourage employees to act in line with such goals and emphasize the importance of achieving these goals. Alternatively, rewards which do not connect with organizational goals may convey a misleading message and encourage employees to act in a manner that does not facilitate the

Being rewarded and recognised for their work or contribution is what keeps an employee motivated to work towards achieving the organisational as well as personal goals. When the employees is motivated by rewards, they will have job satisfaction consequently increasing the productivity of the organisation. It necessitates the need of managers to pay more attention in understanding their employees and come up with suitable types of reward systems for the organisation so that the employees are intrinsically and extrinsically motivated all the time. The hypotheses that I put forward here is to support this statement that effective reward management is critical to