To get the maximum performance from your staff, offer reward packages as motivation. Employee reward and recognition programs need to be ongoing to be effective. If you offer only sporadic rewards, ...

Performance-based bonuses are incentive systems for a company's employees that tie personal and teamwork efforts to financial rewards for the individual employee and team. Individual bonuses are used ...

Extrinsic motivation uses rewards or incentives — like praise, fame, or money —as motivation for specific activities. It is based on external factors and may be less effective long-term than intrinsic ...