EXTRINSIC WORK-VALUES AND EMPLOYEE PRODUCTIVITY

Abstract

The global economy currently has a predominant competitive environment where companies spend considerable resources to ensure that their employees are motivated to contribute towards enhanced employee commitment. Employees have been recognised as the overall most useful resource. How a company performs is usually heavily affected by its employees through their engagement, attitudes and motivation which influence the company. To extrinsic motivation relate incentives or rewards that come from external sides. Such rewards like money, promotion, recognition, career opportunities and others. In other words, it is something usually tangible or a purpose that come needs to be chased by an employee. Extrinsic rewards are external to the job itself. They comprise such elements as pay, fringe benefits, job security, promotions, private office space, and the social climate.