Difference between revisions of "Extrinsic rewards"

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Latest revision as of 18:46, 19 July 2020

Extrinsic rewards is measurable recognition. Work or actions where the motivating factors are material and are measured through monetary benefits, grades, prizes, and praise.

Definition

According to the HRBoK Guide,

Extrinsic rewards. Measurable recognition. Work or actions where the motivating factors are material and are measured through monetary benefits, grades, prizes, and praise.