Question

What is the main objective of performance reward systems?

• A. To increase company revenue
• B. To design job roles
• C. To motivate employees
• D. To analyze market trends

Answer 1

Answer:

C. To motivate employees

Performance reward systems are integral to human resource management as they primarily aim to improve organizational efficiency. These systems are designed to recognize and reward employees for their hard work and contributions, which in turn encourages higher levels of performance and engagement. By aligning rewards with performance metrics, organizations can foster a culture of continuous improvement and achievement. Additionally, well- structured reward systems can enhance job satisfaction and loyalty, reducing turnover rates and attracting top talent.