The Balance Between the Intrinsic and Extrinsic Rewards an Employee

question 41

Multiple Choice

The balance between the intrinsic and extrinsic rewards an employee receives by working for a particular employer in return for their job performance is the ________.

• A)employee value proposition
• B)job's total rewards
• C)job's total compensation package
• D)work-life balance

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Definitions:

Flexible Work Schedules

Work arrangements that allow employees to vary their arrival and departure times, and sometimes choose their work location.

Reward Strategy

A plan designed by an organization to recognize and reward employee performance, often incorporating both financial and non-financial incentives.

Intrinsic Awards

Non-monetary rewards that derive from the nature of the work itself, such as personal achievement or professional growth.

Optimal Reward Strategy

The best approach to rewarding employees in a way that maximizes motivation and organizational performance.