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Porter Lawler Expectancy Theory of Work Motivation

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Porter Lawler Expectancy Theory of Work Motivation
The job Description in question is a very senior person in the organisation. Hence, apart from monetary gains, he looks for other prominent sources of motivation as well.
This Theory start with a premise that Motivation does not equal satisfaction or performance.
Motivation, Satisfaction, and performance are all separate variables and relate in different ways.
The Model states that the factors performance and satisfaction correspond to each other in a cyclic way such that one drives the other.
The Porter-Lawler model explains what happens after the performance.
Thus, in our case,On Performing as per the expectation of the organisation, two types of rewards are possible : * Instrinsic Rewards : 1. Sense of achievement : since, the person concerned is already at a very high post, the sense of achieving something significant is the biggest driver post performance for him. 2. Acknowledgment of authority : the person concerned is considered 2nd in line for CXO position. 3. Self-Actualization : more than anything else, its the self actualization and contentment of completing the task which drives him to perform better. * Extrinsic Rewards : 1. Awards and recognition : act as a huge motivator as compared to other monetary gains. 2. Variable pay commensurate to performance 3. Special benefits : lead to enhancing of confidence in the person. 4. New challenging responsibilities : the responsibilities itself (if challenging) can lead to extrinsic motivation.
When intrinsic or Extrinsic rewards are greater than perceived equitable rewards, then the candidate is satisfied.
Hence, higher the value of reward, higher is the satisfaction.
Now for the Person concerned in the case, perceived effort to reward probability and value of reward will cumulatively lead to better EFFORT in next

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