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Which of the following statements most accurately describes extrinsic rewards?
A) They focus on factors inherent in the work itself-the job content.
B) They satisfy higher-order human needs.
C) They include monetary and nonmonetary rewards and come from the job context.
D) They involve skill variety,task identity,task significance,autonomy,and feedback.
Extrinsic Rewards
Benefits or compensation provided by external factors, such as money, grades, or recognition, to motivate behavior.
Monetary Rewards
Financial incentives given to employees in recognition of their work performance, contribution, or achievements.
Nonmonetary Rewards
Nonmonetary rewards consist of benefits provided to employees that do not involve financial compensation, such as recognition or career development opportunities.
- Distinguish between extrinsic and intrinsic rewards and their impact on employee motivation.
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Learning Objectives
- Distinguish between extrinsic and intrinsic rewards and their impact on employee motivation.
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