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May 10, 2024

Think about your current or a previous job, or a job you know well.

General Question

Think about your current or a previous job, or a job you know well. Imagine that the HR department was going to design a compensation approach for that job that was aligned with reinforcement, expectancy, and agency theories. I used to work for starbucks, please use that company. Please watch rhe videos below as well. Click on the hyperlink.

Three YouTube videos that help to explain the three theories of motivation in this week’s reading:

Agency Theory (With Real World Examples) | From A Business Professor

Vrooms Expectancy Theory

Reinforcement Theory

Respond to the following in a minimum of 175 words:

Briefly describe the job.

Describe a compensation approach for that job that aligns with all 3 theories. Consider the following questions when writing your response:

What are the potential advantages of this plan?

What are the potential negatives of this plan?

What might be difficult in administering this plan?

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