An important consideration in designing a strategy-supportive motivation and reward system is to
A)link the payment of all monetary rewards to the company's profitability.
B)employ incentives that will help motivate employees to work hard at performing their assigned duties and activities.
C)choose those types of rewards and incentives that focus employees' attention on "what to do."
D)make across-the-board wage and salary increases the cornerstone of monetary rewards.
E)make both monetary and nonmonetary rewards integral parts of the reward system.

Question

Quizplus · Accepted Answer

The best choice is to make both monetary and nonmonetary rewards integral parts of the reward system. This is because a single type of reward may not be attractive or effective in motivating all employees. By providing a combination of rewards, employees of different backgrounds, personalities, and motivations are more likely to be incentivized to work hard and achieve success. Moreover, nonmonetary rewards such as recognition, career development opportunities, and positive feedback can be effective in providing intrinsic motivation, which may lead to better job satisfaction and higher employee retention rates.

An Important Consideration in Designing a Strategy-Supportive Motivation and Reward