Relationship between performance and reward: This is the degree to which an individual thinks that performing at a certain level will result in the achievement of an intended result.
According to the notion, effort, performance, and rewards are all related. The sum of valence, instrumentality, and anticipation, in accordance with expectancy theory, produces motivation. The following mathematical equation serves as a statement of it.
Motivation = Σ( Valence X Instrumentality X Expectancy)
Relationship between Effort, Performance and Rewards
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