Examlex
Describe the four Is of services.
Intrinsic Rewards
Motivational rewards that are internal to the individual, such as personal satisfaction, a sense of achievement, or a feeling of fulfillment.
Valence Rewards
Refers to the desirability of the reward outcomes, according to the expectancy theory, influencing the motivation of individuals.
Merit Pay
A salary increase awarded to employees based on their job performance, as a method to motivate and reward excellence.
Tenure
A status granted to an employee, usually after a specific period of service, indicating a permanent position or a guarantee of employment.
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