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Job Satisfaction & Reward Systems
Transcript of Job Satisfaction & Reward Systems
What is Job Satisfaction?
Causes of Job Satisfaction
Training, Independence, Variety, Control, and Social Interaction
Impact of Employees
Satisfied vs Dissatisfied Employees
Defining Intrinsic Rewards
Effectiveness With Types of Rewards
Systems for Motivation
Including employees in process
What are Extrinsic Rewards
Various Types of Extrinsic Rewards
Problems that can arise from lack of extrinsic rewards
Why should executives consider the variety of the rewards the offer?
Processing Similarities & Differences
Intrinsic rewards are the recognition of employees' value
Extrinsic rewards are the compensations for an employees value
Job satisfaction is the scale that employees internally rate the value of a job
Intrinsic and extrinsic rewards should be used collaboratively.
Paying attention to the employees' needs is an intrinsic process that should be compensated extrinsically.
Job satisfaction will ultimately be determined by the combination of these two aspects.
How They Function Together
Masterfully Orchestrated By:
LaReva Morris & Scott Shaw