Extrinsic Rewards

These are tangible rewards given to individuals for performing a specific task or achieving a certain goal. These rewards can include bonuses, salary increases, promotions, and other forms of recognition such as certificates or plaques. Extrinsic rewards are external to the individual and are typically provided by an organization in exchange for the completion of a task or achievement of a goal.

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9 Reasons Properly Recognizing and Rewarding Your Employees is the Key to Employee Retention


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