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Compensation Represents Both the Intrinsic and Extrinsic Rewards Employees Receive

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Essay

Compensation represents both the intrinsic and extrinsic rewards employees receive for performing their jobs.Together,both intrinsic and extrinsic compensation describe a company's total compensation system.Briefly describe both types of rewards and indicate the professionals who are responsible for managing them.


Definitions:

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A persistent expression of esteem for the value of a person, but not necessarily an unqualified acceptance of all of the person’s behaviors.

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