Part 1 of this assignment requires you to apply one of the theories of motivation as you navigate the steps for Performance Management outlined in Kinicki and Fugate (2018). Effective performance management is described on p. 203 as having the following steps:
- Step 1: Defining Performance
- Step 2: Monitoring and Evaluating Performance
- Step 3: Reviewing Performance
- Step 4: Providing Consequences
For each of the steps above, demonstrate why each step is considered integral to effective Performance Management by applying a selected motivational theory to each. You do not need to apply the same theory for each step and are encouraged to integrate more than one theory in case it helps strengthen your argument.
This part of your assignment must include at least one reference to an article from a peer-reviewed journal, in addition to referencing the textbook.
Part 2 of this assignment requires you to apply Vroom’s Model of Expectancy Theory in discerning among levels and types of compensation. After reviewing the model on p. 178-182, as well as the information found on pp. 238-244, please answer the following questions:
- Organizations may choose to provide pay for performance based on individual, group and/or organizational-level performance. How might Vroom’s model explain the effectiveness of each of these levels of performance on employee-level and group-level behavior?
- What does Vroom’s model tell us regarding magnitude of goal, effort, and reward? How do these factors affect an employer’s choice on the compensation strategy?
Be thorough in your responses as you address these questions.
This part of your assignment must include at least one reference to an article from a peer-reviewed journal, in addition to referencing the textbook.