What is a reward? Discuss and provide a definition of employee rewards including non-financial and financial elements (include in your answer the components outlined by a ‘Total Rewards Approach’ in Shields et al. (2020, pp. 13 – 17)). Then, in relation to the Store Managers role at MusicCo, list the extrinsic and intrinsic rewards in Table 1 and then discuss why you have chosen these rewards and how these will be of benefit to MusicCo. Ensure you use and reference Shields et al. (2020) from Module 2 in your response. (650 words)
Table 1. Components of Total Reward for Store Managers at MusicCo
| Extrinsic Rewards | Financial Rewards:
·
|
| Development Rewards:
·
|
|
| Social Rewards:
· |
|
| Intrinsic Rewards
|
· |
