ORGANIZATIONAL REWARD SYSTEM

y It is controversial feature of the organization y Source can be either paycheck or little else

Important components y Types of reward y Reward norms y Distribution criteria .

Types of reward y Financial reward .

Types of reward y Social reward .

Types of reward y Psychic reward .

Types of reward y Extrinsic reward .

Types of reward y Intrinsic reward .

Organizational Reward Norms y Profit maximization .

Organizational reward Norms y Equity .

Organizational reward Norms y Equality .

Organizational reward Norms y Need .

Distribution Criteria y Performance result .

Distribution Criteria y Performance action and behavior .

Distribution Criteria y Non performance Consideration .