The factor which is used to increase the individual's motivation when you were managing someone like yourself. Introduction: The rewards are the returns that a person get in return for service, effort or achievement. Rewards can be intrinsic as well as extrinsic. The intrinsic rewards can be the rewards which are not in the form of some compensation or monetary form rather like recognition given, involving the employee in the decision making process, or a conscious satisfaction. While rewards can be tangible or in monetary form.

Question

Want to see the full answer?

Answer 1

Question

Chapter 12.1, Problem 3SA12.1

Summary Introduction

To determine:

The factor which is used to increase the individual's motivation when you were managing someone like yourself.

Introduction:

The rewards are the returns that a person get in return for service, effort or achievement. Rewards can be intrinsic as well as extrinsic. The intrinsic rewards can be the rewards which are not in the form of some compensation or monetary form rather like recognition given, involving the employee in the decision making process, or a conscious satisfaction. While rewards can be tangible or in monetary form.

Expert Solution & Answer

Want to see the full answer?

Check out a sample textbook solution

See solution

Students have asked these similar questions

Why does the methods of employee development used include: “job rotation (cross-training in different positions within the company), assistant‐to‐positions (cross-training as an assistant to develop or improve an employee’s managerial skills), simulations, case studies, conferences, seminars, committee assignments (employees are part of a special committee to provide their thoughts, ideas?

I just started out as a junior executive in the purchasing department of my organization. My boss has spent fifteen years in this department. One day while I was in a meeting with my boss and a potential vendor, I see my boss accepting a large yellow envelope and tucking it quickly into his pocket. This concerns me because I suspect the vendor is a member of a local gang. I have also heard that this person has a criminal record and has a history of bribing local businesses to gain accounts. However, due to a lack of evidence, that person has never been charged. I ask my boss about that individual, and he told me not to worry about it. I’m wondering whether I should report this incident to human resources or my organization's legal department or not. What choices did you have prior to hearing your boss's explanation of the envelope? What would you have done and why? Given what the boss later responded about the envelope, how did that explanation impact your thoughts, choices, and…

What can a leader do to win or regain the trust of their teams again in a scenario where the relationship was damaged for one reason or another? What steps can leaders put in place to create that perception of trust?