Which Extrinsic Reward Can Be a Useful Way to Motivate

question 107

Multiple Choice

Which extrinsic reward can be a useful way to motivate employees while providing them with an opportunity to showcase their new skills and competencies?

• A) skill-based pay
• B) job content-based pay
• C) performance-based pay
• D) seniority-based pay

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Definitions:

New Economy

A term often associated with the late 20th and early 21st century economic environment characterized by rapid technological advancement, globalization, and an increased reliance on knowledge and services.

Innovative Organisations

Organizations characterized by their ability to constantly generate and implement new ideas, products, or processes, significantly impacting their industry or sector.

Corporate Culture

The shared values, beliefs, and practices that define the character and conduct of an organization.

Organisational Staffing

The process of hiring and developing personnel to meet the needs of an organization.