Reward System

Which of the following best defines an incentive scheme?

• A punishment mechanism for underperformance

• A legal requirement for employment contracts

• A structured plan to motivate employees through rewards

• A system to reduce employee working hours

Which of the following is an example of an intrinsic reward?

• Overtime pay

• Health insurance

• Public recognition for good performance

• Annual bonus

What is the primary goal of a reward system in an organization?

• To reduce staff salaries

• To maintain organizational hierarchy

• To recognize and reinforce desired employee behavior

• To eliminate all forms of employee motivation

Which of the following best describes extrinsic rewards?

• Rewards that fulfill an internal sense of purpose

• Non-measurable forms of appreciation

• Tangible rewards given by an external source

• Self-motivation derived from challenging work

A team-based incentive scheme encourages:

• Individual competition

• Peer performance evaluations

• Collective effort toward shared goals

• Isolation of high performers

Individual incentive plans are most effective when:

• Group outcomes are emphasized

• Tasks are highly interdependent

• Employees are part of a unionized workforce

• Individual performance can be objectively measured