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Answer :
The correct answer includes option a. pay and benefits, c. opportunities for recognition d. hours worked and time off.
The concept of job rewards encompasses various components that include not only pay and benefits but also non-monetary aspects such as opportunities for personal growth, training, education, career advancement, professional relations, and work-life balance.
Specifically, rewards can be divided into direct financial payments like wages, as well as indirect payments such as health insurance, retirement plans, and other fringe benefits. Additional aspects such as the holiday schedule, the potential for recognition, and control over hours worked and time off, also play significant roles in what constitutes job rewards.
It's important to provide a fair and desirable package of rewards, giving consideration to factors such as individual contributions, the need for equitable treatment, and personal needs of employees. Employers often look to tailor their rewards system to attract and retain talent, while ensuring that they align with the expectations and values of their employees.
Rewards that are desirable to employees are critical, as they are seen as a direct reflection of the value that an organization places on its workforce. It is essential to balance various types of rewards to meet diverse employee needs and ensure that these rewards are perceived as fair.
Allowing employees some choice over rewards can enhance their sense of autonomy and satisfaction. In summary, job rewards form a crucial part of the employment relationship, influencing both the recruitment and retention of employees.
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