Generational Values and Non-Monetary Rewards

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Click to edit Master subtitle style  6/5/11 Generational Values and Non-Monetary   Rewards Terrance Hampton
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 6/5/11 What Motivates you More now? Cash M&Ms
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 6/5/11 Non-Monetary Rewards Any non-currency incentive that an employer  awards an employee including gift cards,  ingratiation, or M&Ms. Cash is always preferred over non-monetary  rewards (Hein & Alonzo, 1998). Non-monetary rewards are valued higher by 
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 6/5/11 Cash v. Nonmonetary What One Expects Rare and Perceived More Valuable 
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 6/5/11 Caveats of Nonmonetary Rewards
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Unformatted text preview: Only effective in cases of equitable distributive justice. Correlates better with people high in extrinsic motivation (Clugston, Howell, and Dorfman 2000). Generational Values Also Have An Effect. 6/5/11 Older (40+) v. Younger(18-29) More Stability Less Responsibility 6/5/11 Should a Company Institue This? Yes, but the company should be wary of the moderators. The manager must know the employees 6/5/11 Questions?!...
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