Bonuses Given to Employees Based on Performance Is an Example

question 160

True/False

Bonuses given to employees based on performance is an example of extrinsic reward.

---

Definitions:

Professional

Pertaining to a person engaged in a specified activity as their main paid occupation rather than as an amateur.

Altruism

The selfless concern for the well-being of others, often resulting in acts of kindness without expectation of reciprocation.

Credibility

The quality of being trusted and believed in due to one's reliability, integrity, and competence.

Trade Off

denotes a situation in which the benefits of one choice are gained at the expense of the benefits of another choice.