AP PSYCHOLOGY

Detailed explanation-1: -Definition: An extrinsic reward is a tangible and visible reward given to an individual or an employee for achieving something. They usually have monetary value such as a salary hike, bonus, award, or public recognition. Description: They are usually offered by the individual’s immediate manager who decides upon them.

Detailed explanation-2: -What is an extrinsic reward? An extrinsic reward usually has a monetary value and is given to an employee for achieving something. Examples include bonuses, pay raises and additional benefits.

Detailed explanation-3: -Intrinsic and Extrinsic Motivators Extrinsic rewards are usually financial or tangible rewards given to employees, such as pay raises, bonuses, and benefits. They are extrinsic because they are external to completing the work itself and are controlled by people other than the employee.

Detailed explanation-4: -Extrinsic rewards are tangible, covering pay, bonuses and benefits. Intrinsic rewards are the psychological benefits each employee gains from making a meaningful contribution through their work.

Detailed explanation-5: -An intrinsic reward is an internal reward that employees achieve from completing their tasks or projects successfully. These rewards are mostly psychological and are based on the effort and abilities of a person.