Variant 9 What is the role of the corporate idea to create a favorable environment for personnel

Variant 19
2.Describe the types of incentives (internal and external )
Employee incentives are effective motivation tools that can encourage productivity and help you show employee appreciation. These incentives can be both financial and non-financial, and provide a way for employers to compensate their teams for achieving goals. If you're supporting the development of an incentive program for an organization, it's helpful to learn about what types of rewards you can offer your team.
Incentives are a type of employee incentive that companies provide to encourage performance and productivity and to recognize achievements. Employers use financial and non-financial incentives to motivate teams and staff to exceed expectations or otherwise take part in tasks or activities that employees may not normally perform. Employers may implement a range of incentives, depending on the work environment and type of business.
Additionally, incentives are effective rewards for recognizing when employees perform beyond their normal work duties. Companies that provide some type of reward for exceptional work performance or team recognition are more likely to foster positive work environments, build supportive relationships and encourage higher quality outputs. Incentives at work can also:

*Boost employee satisfaction

*Show recognition for individual performance
*Encourage collaborative teamwork
*Motivate staff to achieve company objectives
The following financial incentives can be common in workplaces across a range of industries:

1. 
   Bonuses
   
2. 
   Referral programs
   
3. 
   Extra allowances
   
4. 
   Commissions
   
5. 
   Employee stock options
   
6. 
   Profit shares
   
7. 
   Co-partnerships
   
8. 
   Wage incentives
   
9. 
   Salary raises
   
10. 
    Retirement and fringe benefits
    

Extrinsic and intrinsic incentives are two important types of motivation. Understanding what they are and how you can use them in a professional context may help you create more effective incentive programs. Here is the definition of each:

Extrinsic incentives

Extrinsic incentives are those that originate outside the mind and body of the person receiving the incentive. These can be positive incentives, like the promise of a reward, or negative incentives, like the threat of being removed from a team. Offering money or a new job title are both examples of extrinsic incentives.

Intrinsic incentives

Intrinsic incentives are motivations that relate to the internal thoughts and feelings of the individual, rather than external pressures or promises. These might include the feeling of pride at a job well done, the fulfillment of doing important work or the excitement of completing a project. Offering praise and encouraging personal growth can be a great way to enable intrinsic incentivization.