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Their mind-set can be influenced by the skill variety, task identity, task significance, autonomy, and feedback of the job. On the other end of the spectrum there are the extrinsic forms of compensation which can be summed up as both monetary and non monetary rewards. This style of rewards include wages, salaries, social security, worker's comp, various insurances, retirement plans, paid time-off, and accommodations (Martocchio).
The advantages of having a good benefits plan is twofold, as it benefits both the employee as well as the employer. From an employee's point of view the benefits create a peace of mind which leads to better productivity...
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