Question : Which of the following is an example of an extrinsic reward for employee motivation?
Option 1: Job satisfaction
Option 2: Employee recognition
Option 3: Opportunities for growth
Option 4: Monetary bonus
Correct Answer: Monetary bonus
Solution : The correct answer is (d) Monetary bonus.
An example of an extrinsic reward for employee motivation is a monetary bonus. Extrinsic rewards are tangible or external incentives provided to employees to motivate and reinforce desired behavior. A monetary bonus, such as a one-time or performance-based financial reward, is a common extrinsic reward used by organizations to recognize and reward employees for their performance, achievements, or contributions. It is typically given in addition to an employee's regular salary or compensation and is often tied to specific performance targets or goals.