Management of Human Resources
Expectancy theory is a psychological theory that explains how individuals make choices based on their expectations of the outcomes of their actions. It posits that motivation is influenced by three key components: expectancy, instrumentality, and valence, which together determine the likelihood of an individual exerting effort to achieve a desired performance outcome. This theory is crucial in understanding how employees perceive the connection between their performance and the rewards they expect to receive, particularly in the context of performance appraisals.
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