Some Critics Argue That Financial Rewards Discourage Creativity and Distract

question 39

True/False

Some critics argue that financial rewards discourage creativity and distract employees from the meaningfulness of the work itself.

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Definitions:

Performance

The act of carrying out a task or the level of efficiency and effectiveness with which this task is completed.

Piece-rate Pay

A compensation system where workers are paid based on the quantity of items produced or tasks completed.

Merit Pay

A compensation strategy that rewards employees based on their performance or achievements, often measured through evaluations or achievement of set goals.

Bonus Pay

Additional compensation given to employees as a reward for achieving specific performance targets or for exceptional work.