Intrinsic vs. Extrinsic Rewards

Intrinsic vs. Extrinsic Rewards
Managers use a number of techniques to motivate employees. One of these includes using rewards, which can be either extrinsic or intrinsic. This activity is important because managers can use both types of rewards to motivate employees and should understand the types of rewards that are most motivating to each of their employees
The goal of this exercise is to challenge your understanding of extrinsic and intrinsic rewards
Determine whether the items listed below are an extrinsic reward or an intrinsic reward
1. You received a $100 gift card to your favorite restaurant after being named employee of the quarter. (Click to select)
2. Winning employee of the month made you feel that you were special and that your work was valued. (Click to select)
3. When you got to work yesterday there was a note on your desk thanking you for your dedication. This made you feel satisfied with your work [Click to select)
4. You use the free employee financial advisor regularly, and each time you do, you feel good about choosing to work there. Click to select)
5. You get to use the best parking spot as a reward for being this month’s star employee (Click to select)
6. Your new promotion includes a fancy title, which makes you feel like you are valued in your job. (Click to select)
7. Your favorite perk at your company is the complimentary membership to your local health club-it would otherwise be really expensive to join (Click to select)
8. You moved to a bigger, much nicer office when you got promoted. (Click to select)

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