Sappo's Sandal Company want to improve its employee rewards program to enhance performance. After conducting research, the company decides to focus its attention on implementing a new performance review, compensation, and promotion program. Which type of reward does this represent?

Question

Quizplus · Accepted Answer

The new performance review, compensation, and promotion program represents extrinsic rewards because it involves tangible rewards given by the employer to the employee, such as salary increases, bonuses, and promotions, which are external to the work itself.

Sappo's Sandal Company Want to Improve Its Employee Rewards Program