chapter  3
9 Pages

Psychological perspectives on reward management

WithConny Herbert Antoni

Contemporary investigations based on psychological theories have improved the understanding and practise of reward management. More longitudinal and multi-level research is needed to ensure a mature grasp of the underlying mediating and moderating mechanisms, linking reward practices to individual, team, and organizational behaviour and outcomes. To inform such initiatives, psychological concepts of work motivation and work behaviour are examined, paying particular attention to three key theoretical areas: valence–instrumentality–expectancy; goal setting; organizational justice and the psychological contract, and ways in which they interact with reward management and leadership behaviour.