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Expectancy theory is referring to the valence aspect of the theory.

According to expectancy theory, people are driven to work hard if they believe their additional effort will be noticed and rewarded. As a result, businesses that use performance-based pay might anticipate improvements. Performance-based compensation can tie benefits to the quantity of work that employees produce.

It makes the assumption that action is the outcome of intentional decisions made between options with the intention of maximizing pleasure and minimizing pain.

According to the expectation theory, an employee's motivation depends on their level of desire for a reward (Valence), their appraisal of the chance that their efforts will result in expected performance (Expectancy), and their conviction that their efforts will pay off (Instrumentality).

To learn more about expectancy theory refer to:

https://brainly.com/question/12982959

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