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Rewards can either be classified as intrinsic – namely those that satisfy the employee through the job content, or extrinsic – which are rewards external to the job itself, such as the provision of bonuses and promotions. The magnitude of the motivating pRewards and employee well-being
Rewards can either be classified as intrinsic – namely those that satisfy the employee through the job content, or extrinsic – which are rewards external to the job itself, such as the provision of bonuses and promotions. The magnitude of the motivating potential inherent in rewards varies among employees according to their different abilities and needs. However, the reality is that choosing to pursue an extrinsic reward may cause the loss of certain resources but allow for the attainment of others. Thus, employees are required to assess the benefits and consequences of their reward choices prior to engaging in a certain level of reward-seeking behaviour. It is important to specify that the process of reward-seeking and reward outcome are different concepts. The process of reward-seeking is deemed to be prompted by the expectations and motivation of engaging in such behaviour while reward outcome relates to the actual output resultant from that behaviour. Despite the vast research on the productive aspect of rewards, little is known on how the changes in employees’ behaviour, made to enhance their chances of achieving a reward, influence their well-being. There is no consensus... Read more