Discuss and provide a definition of employee rewards including non-financial and financial elements (include in your answer the components outlined by a ‘Total Rewards Approach’ in Shields et al.

What is a reward? Discuss and provide a definition of employee rewards including non-financial and financial elements (include in your answer the components outlined by a ‘Total Rewards Approach’ in Shields et al. (2020, pp. 13 – 17)). Then, in relation to the Store Managers role at MusicCo, list the extrinsic and intrinsic rewards in Table 1 and then discuss why you have chosen these rewards and how these will be of benefit to MusicCo. Ensure you use and reference Shields et al. (2020) from Module 2 in your response. (650 words)

 

Table 1. Components of Total Reward for Store Managers at MusicCo

Extrinsic Rewards Financial Rewards:

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  Development Rewards:

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  Social Rewards:

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Intrinsic Rewards

 

·
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