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Question : Which of the following is an example of an extrinsic reward for employee motivation?

 

Option 1: Job satisfaction

Option 2: Employee recognition

Option 3: Opportunities for growth

Option 4: Monetary bonus


Team Careers360 7th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: Monetary bonus


Solution : The correct answer is (d) Monetary bonus.

An example of an extrinsic reward for employee motivation is a monetary bonus. Extrinsic rewards are tangible or external incentives provided to employees to motivate and reinforce desired behavior. A monetary bonus, such as a one-time or performance-based financial reward, is a common extrinsic reward used by organizations to recognize and reward employees for their performance, achievements, or contributions. It is typically given in addition to an employee's regular salary or compensation and is often tied to specific performance targets or goals.

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