Rewards employees receive as a result of their employment and position with the organization are called:

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Benefits are the rewards that employees receive as a result of their employment and position with the organization, such as health insurance, retirement plans, vacation time, and other non-wage compensation. Pay refers specifically to the wages or salary that an employee earns. Incentives are typically bonuses or other rewards that are offered in addition to regular pay, designed to motivate employees to achieve particular goals or behaviors. Motivation refers to the various factors, both internal and external, that drive individuals to pursue certain goals or behaviors. While benefits can be a source of motivation for some employees, they are not the same as motivation itself.

Rewards Employees Receive as a Result of Their Employment and Position