Performance-based systems can only use monetary rewards as incentives.

Name: Performance-based systems can only use monetary rewards as incentives.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

While monetary rewards are a common incentive in performance-based systems, they are not the only option. Non-monetary incentives such as recognition, promotions, flexible schedules, and training and development opportunities can also be effective motivators for employees.

Performance-Based Systems Can Only Use Monetary Rewards as Incentives