Rewards
Rewards are incentives given to individuals or groups for achieving a certain goal or completing a task. Rewards can be tangible, such as money, gifts, or discounts, or intangible, such as recognition, praise, or a sense of accomplishment. Rewards are often used to motivate people to work harder, stay focused, and reach their goals. Rewards can also be used to encourage people to take risks, try new things, and innovate.
History of Rewards
Rewards have been used since ancient times to motivate people to do their best. In the early days, rewards were often given in the form of food, clothing, or other goods. Later, rewards began to take the form of money, which was used to incentivize people to work harder and achieve more. Today, rewards come in many forms, from cash bonuses to recognition and praise.
Comparison of Rewards
| Type of Reward | Tangible | Intangible |
|---|---|---|
| Cash | Yes | No |
| Gifts | Yes | No |
| Discounts | Yes | No |
| Recognition | No | Yes |
| Praise | No | Yes |
| Achievement | No | Yes |
Summary
Rewards are incentives given to individuals or groups for achieving a certain goal or completing a task. Rewards can be tangible, such as money, gifts, or discounts, or intangible, such as recognition, praise, or a sense of accomplishment. Rewards have been used since ancient times to motivate people to do their best, and today they come in many forms. For more information about rewards, visit websites such as Forbes, Entrepreneur, and Harvard Business Review.
See Also
- Incentives
- Motivation
- Goals
- Recognition
- Compensation
- Bonuses
- Performance
- Leadership
- Productivity
- Engagement
