Difference Between Intrinsic And Extrinsic Rewards Pdf

There are several key differences between motivation that comes from external rewards and the kind that is driven by an individual s genuine interest including the influence of each type on a person s behavior and the situations in which each type will be most effective.

Difference between intrinsic and extrinsic rewards pdf. It includes all activities that have an impact on the intellectual emotional and physical well being of an employee and is not specifically covered by the extrinsic compensation system. Compensation is what employees receive in exchange for their contribution to the organisation. In other words intrinsic rewards can be defined as the feeling of contentment one finds in the completion of any task. Extrinsic rewards are positively related to job satisfaction.

Both extrinsic motivation and intrinsic motivation drive human behavior. The difference between extrinsic and intrinsic motivation. It is the least costly and one of the most powerful rewards of the organisation. Giving challenging task involving in decision making process giving a higher rank in hierarchy etc all these rewards do not required to have increased salary as well and employee may be working at higher management rank without an increase in the salary and still more.

They cannot be seen or touched but are emotionally connected with the employees. With intrinsic motivation the student studies subject material for the sake of learning. Pdf on nov 30 2016 lisa legault published intrinsic and extrinsic motivation find read and cite all the research you need on researchgate. Other interesting results were also found regarding the.

The main difference between intrinsic and extrinsic motivation is the goals of the students. Intrinsic extrinsic rewards and organizational commitment intrinsic rewards are those which are non cash rewards or not having any physical existence. Intrinsic rewards are the non physical rewards. Intrinsic reward is directly related to job performance as a successful task.

Gardner 1985 and between intrinsic and extrinsic motivation and achievement i e noels et al 2000. Intrinsic rewards actually fulfills employee s intrinsic factors or motivators and thus motivates him.