Question

At Qliktech, the company CEO, Lars Bjork, honors employees who demonstrate the company’s core values. Qliktech holds a summit each year, where it selects and awards one employee in each of several values categories that include (1) challenge; (2) move fast; (3) be open and straightforward; (4) teamwork for results; and (5) take responsibility. Rather than posting core values for everyone to pass by each day, the CEO finds that providing _________ rewards once each year provides the message to all employees that these are important values.

Answer 1

Answer:

extrinsic rewards

Explanation:

Extrinsic rewards are tangible, material and visible rewards. Money, promotions or trophies are examples of extrinsic rewards. For a reward to be considered extrinsic, it must be visible and made public.

For example, during a special ceremony, a golden watch is given to all the employees that have been working for the company during the last 30 years.