Extrinsic Rewards

I had interviewed about leadership with Lee who is the manager of strategic planning in my company. To sum up the interview, he defined that leadership is causing other people to do what the leaders want. That is, leadership is helping other people to rise to their full potential while accomplishing the mission and goals of the organization.

Rewards for the purpose of reinforcement are essential in my management plan. While it is acceptable to give external rewards some of the time, a majority of the rewards should be internal. Internal rewards foster intrinsic motivation, which I believe will serve to

Leadership can be defined as the ability of a superior to influence the behavior of a minor or group and persuade them to follow a particular course of action. A leader sets a course of action and ensures that everyone follows the action. Leading can apply to leading oneself, other individuals, groups, organizations and societies. The nature of how leading is done depends on the framework of the situation, one's point of view, and on the nature and needs of those involved. While leadership is learned, the skills and knowledge processed by the leader are influenced by their traits, such as beliefs, values, ethics, and most importantly character. Knowledge and skills directly relate to the process of leadership, while the other qualities

Leadership can be defined as the ability of a superior to influence the behavior of a minor or group and persuade them to follow a particular course of action. A leader sets a course of action and ensures that everyone follows the action. Leading can apply to leading oneself, other individuals, groups, organizations and societies. The nature of how leading is done depends on the framework of the situation, one's point of view, and on the nature and needs of those involved. While leadership is learned, the skills and knowledge processed by the leader are influenced by their traits, such as beliefs, values, ethics, and most importantly character. Knowledge and skills directly relate to the process of leadership, while the other qualities

Leadership is about being proactive and having the initiative to implement strategies, being able to manage change, building relationships with employees and being able to influence employees in a way that meets the organization’s needs (Clawson, 2012). Leadership is about being able to persuade employees to acclimate to the company’s vision by motivating them and encouraging them to embrace change when needed. It is about building relationships and bonds with employees while guiding them so that they are able to meet their potential. It is about making them feel responsible so that they feel like they are important members of the team. Leadership is about leading people it is not about dictating orders and responsibilities to others. It is about installing a sense of importance

First, the reward should be valued. Reward will not provide motivation for higher performance if it had no value. According to different situation, the reward should be various for different level of staff. For example, an extra compensation package can be given annually to those valuable skilled physicians. It is a useful way to attract and retain good doctors, which will have a aggregation effect for those experienced personnel. These aggregation effect could increase the FSC performance and make a benefits to the organization effectively.

Leading involves the social and informal sources of influence that you use to inspire action taken by others. If managers are effective leaders, their subordinates will be enthusiastic about exerting effort to attain organizational objectives.

According to Bateman & Snell (2009), Motivators to employee job performance are centered on extrinsic and intrinsic rewards. Extrinsic rewards are characteristics of the workplace that attract and retain people. They revolve around organization and management policies, working conditions, pay, benefits, and other so-called “hygiene” factors. Intrinsic rewards are motivators that provide employees personal satisfaction in the performance of their jobs such as opportunities for personal and career growth, recognition and the feeling of achievement in the successful completion of a task. (p. 486). Herzberg’s two-factor theory suggests

Although intrinsic motivation has numerous benefits, few drawbacks of intrinsic motivation should also be considered as well. An intense form of intrinsic motivation can reach to the point that employees can completely lose track of time and space, completely ignore authority and other important tasks, as well as not having enough time to learn or perform other essential tasks while learning and enjoying a particular academic activity. When performing an enjoyable task, a person can lose track of space or self-awareness. Individuals motivated by intrinsic gratification seek an experience for itself, rather than for anticipated rewards. The process is considerably more important to them than the resulting product or outcome, which has them working often

Leadership is about creating a vision for that function and gaining peoples commitment by strategic direction.

A reward is a high extrinsic motivator. The reward can be monetary, gift certificate, day off with pay, a two hour lunch, or working for two hours on anything but work. All entice performance and competition in the workplace. A gold star, being the teacher’s helper for a day, no daily

The rewards offered can be extrinsic such as wages, incentives and bonuses, or intrinsic such as job satisfaction, an internal feeling of worth and a sense of well being on the job.

Intrinsic/Internal Rewards are obtained from within the individual. This could be an employee feelings good about a job they performed and taking pride in it.

Leadership is an approach for a leader to guide, motivate, supervise, manage, and influence others in different situation to reach a goal. According to the Pettinger (2007), the leadership can be explained in several situations. First, the leaders have the responsible to provide vision and direction to the followers. Second, the leaders shall energise and motivate the followers. Third, the leaders shall set and enforce absolute standards of behaviour, attitude, presentation and performance.

Being rewarded and recognised for their work or contribution is what keeps an employee motivated to work towards achieving the organisational as well as personal goals. When the employees is motivated by rewards, they will have job satisfaction consequently increasing the productivity of the organisation. It necessitates the need of managers to pay more attention in understanding their employees and come up with suitable types of reward systems for the organisation so that the employees are intrinsically and extrinsically motivated all the time. The hypotheses that I put forward here is to support this statement that effective reward management is critical to