Fairmont Hotels & Resorts lets its best performing employees design their rewards. This is done to ensure that the rewards are valued by the employees and serve as further motivation. Fairmont Hotels & Resorts uses _____ theory to motivate its employees.

Question

Quizplus · Accepted Answer

Fairmont Hotels & Resorts uses the expectancy theory to motivate its employees, where employees are motivated to perform well because they believe their efforts will lead to high performance, which in turn will lead to rewards that they value. By allowing the best performing employees to design their own rewards, Fairmont is giving them a sense of control and ownership over their rewards, which further reinforces the expectancy theory.

Fairmont Hotels & Resorts Lets Its Best Performing Employees Design