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Compensation and Benefits: monetary and in-kind payments

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Distinguish between monetary and in-kind payments. Describe the relationship between compensation and noncompensation subsystems of the reward system. Describe whether monetary and in-kind payments are sources of motivation?

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A good example of monetary and in-kind payments is the use of monetary employee awards vs. time off awards. In essence, these awards are utilized to provide employees recognition ...

Solution Summary

Brief review of alternative compensation to money and how employees view these.