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Phantom Shares
A compensation mechanism where employees receive benefits linked to stock ownership without actually owning company shares, often tied to performance milestones.
Expectancy Theory
A psychological theory that suggests an individual's motivation is influenced by their expectation of achieving desirable outcomes as a result of their efforts.
Instrumentality
in the context of motivation, refers to the perceived likelihood that performance will be followed by a particular outcome.
Valence
The perceived value an individual places on the rewards of an outcome in decision making or motivation.
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