For performance based-reward systems to work,leaders need to make sure that rewards are monetary based.

Question

Quizplus · Accepted Answer

Performance-based reward systems do not necessarily need to be monetary-based. Non-monetary rewards, such as recognition, promotions, or additional responsibilities, can also be effective in motivating employees and improving performance. The type of reward should be based on the organization's culture, values, and goals, as well as the employees' preferences and needs.

For Performance Based-Reward Systems to Work,leaders Need to Make Sure