SPHR practice question 9 of 35

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?

Full set: 671 questions
Answer options
A: Esteem from working with other talented people
B: Cash compensation
C: On-site cafeteria Correct answer
D: Satisfaction from challenging and exciting assignments
Correct Answer:
C. On-site cafeteria
Explanation

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

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