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As a Senior HR Professional, you should be familiar with non-monetary rewards that your company provides for its employees. Which of the following is an example of non-monetary reward?
A.
Esteem from working with other talented people
B.
Cash compensation
C.
On-site cafeteria
D.
Satisfaction from challenging and exciting assignments
Suggested Answer:C🗳️
Answer option C is correct. An on-site cafeteria is an example of a non-monetary reward. Answer option A is incorrect. Esteem from working with other talented people is an extrinsic reward. Answer option D is incorrect. An intrinsic reward is an outcome that gives satisfaction to an individual from challenging and exciting assignments. An intrinsic reward encourages employee's self esteem. Answer option B is incorrect. Cash compensation is a monetary reward for employment. Reference: "http://www.catalogs.com/info/b2b/non-monetary-rewards-in-the-workplace.html" Chapter: Compensation and Benefits Objective: Total Rewards Defined
There is an error in the way the question is worded. A, C, D are all examples of non monetary rewards.
upvoted 3 times
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Ektagoel
3 years, 6 months ago