Generally Speaking, the Only Types of Rewards That Motivate Employees

question 18

True/False

Generally speaking, the only types of rewards that motivate employees are monetary.

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Definitions:

Accomplishment

A sense of achievement or completion that comes from having successfully completed a task or objective.

Intrinsic Rewards

In expectancy theory, the internal factors related to the value of work, including the amount of creativity allowed, the degree of responsibility, and the satisfaction of helping others.

Satisfaction

A state of fulfillment or contentment resulting from achieving what one desires or from the successful resolution of needs or challenges.

ERG Theory

A theory in psychology proposed by Clayton Alderfer that categorizes human needs into three groups: existence, relatedness, and growth.