Question

gentech, a cloud-computing company, is rated as a top company to work for. it offers rich monetary and psychological rewards. it has developed software that identifies strong performers who have not been promoted for 18 months

Answer 1

Gentech, a cloud-computing company, is rated as a top company to work for. It offers rich monetary and psychological rewards. It has developed software that identifies strong performers who have not been promoted for 18 months and helps them seek new challenges. Gentech has shown that companies rated by employees as the top places to work outperform their competitors.

Rewards acts as motivation to the employees and help them work better so that they could once again be recognized and rewarded. Monetary rewards come in the form of bonus or salary hikes that the deserving employees get.

Working professionals value psychological rewards, which are helpful and well-received outcomes of a worker's connection with their employer, in addition to monetary and material rewards. Employee attitudes are influenced by how satisfied they are with these rewards.

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