Extrinsic rewards include?

Extrinsic rewards include?

• A. Derived from external sources to the job and include both non-financial rewards and financial rewards
• B. Derived from internal sources and include non-financial rewards
• C. They are intrinsic
• D. They are not part of compensation

Answer: (A)

Extrinsic rewards are motivators that come from outside the employee and the work itself. They include both financial rewards, such as salary, bonuses, and benefits, and non-financial rewards, like formal recognition, praise, awards, and opportunities for advancement. This external origin is what sets them apart from intrinsic rewards, which arise from the nature of the work itself. Extrinsic rewards are typically part of the compensation or reward system, not unrelated to pay or benefits.

Extrinsic rewards are motivators that come from outside the employee and the work itself. They include both financial rewards, such as salary, bonuses, and benefits, and non-financial rewards, like formal recognition, praise, awards, and opportunities for advancement. This external origin is what sets them apart from intrinsic rewards, which arise from the nature of the work itself. Extrinsic rewards are typically part of the compensation or reward system, not unrelated to pay or benefits.