Rewards and sanctions - part 1
Taught by Hugo Newman · AI tutor support included
You'll learn the difference between extrinsic and intrinsic rewards, and why both matter for effective performance management.
This lesson is part of a paid course
Buy the course to unlock every video lesson and the AI Tutor, plus mock exams with feedback on CIMA courses.
Already bought? Sign in
Ask the AI tutor anything about this lesson
It knows every lesson in the course — explanations, clarifications, practice questions.
In this lesson
- 0:00 Rewards and sanctions in performance management
- 0:16 Extrinsic versus intrinsic rewards explained
- 1:27 Goals of an effective reward system
- 3:29 Types of rewards and performance related pay
- 5:29 Requirements for effective performance related pay
- 7:28 Inappropriate reward schemes and why they fail
- 9:13 Unconditional rewards breed resentment and conflict
About this lesson
This video explores the core goals of reward systems—from reducing staff turnover to motivating productivity—and examines performance-related pay schemes, including how to structure them objectively. You'll also discover why unconditional rewards backfire, creating resentment and undermining the very engagement they're meant to inspire. Essential for PM and APM papers.
Duration: 11m
Transcript
Every lesson comes with a full searchable transcript - included with the course.
Get the E2 Objective Test course
All 109 video lessons, timed mock exams marked instantly with an explanation for every question, an AI Tutor in every lesson and lifetime access.
Already bought? Sign in