Advances in Economics, Management and Political Sciences
- The Open Access Proceedings Series for Conferences
Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
Series Vol. 54 , 01 December 2023
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Application and Limitations of the Expectancy Theory in Organizations
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Abstract
The expectancy theory is a tool that is widely used by companies around the world. Through a well-established reward system, employees put more time and effort into their work, knowing that they will be rewarded for their efforts. However, Nsofor found that each employee is motivated in a different way. A large part of employees are not suitable for implementing the expectancy theory. Therefore, this paper focuses on the application and limitations of expectancy theory in organizations. This research found that expectancy theory is limited in scope, does not include other factors explaining motivation, and is only limited to material reward. Also, expectancy theory can only be applied to performance that can be easily measured. This research paper demonstrates the credibility of the above viewpoints through different case studies. This paper can also enhance cooperation’s understanding of expectancy theory.
Keywords
expectancy, instrumentality, motivation
References
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Data Availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
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- Volume Title
- Proceedings of the 2nd International Conference on Financial Technology and Business Analysis
- ISBN (Print)
- 978-1-83558-155-1
- ISBN (Online)
- 978-1-83558-156-8
- Published Date
- 01 December 2023
- Series
- Advances in Economics, Management and Political Sciences
- ISSN (Print)
- 2754-1169
- ISSN (Online)
- 2754-1177
- DOI
- 10.54254/2754-1169/54/20230868
- Copyright
- 01 December 2023
- Open Access
- This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license, which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited