Examine the relationship between Reward and Motivation in the Psychological Context.
An 'incentive' or 'reward' can be anything that attracts a workers attention and stimulates him to work. In the words of Burrack and Smith, "An incentive scheme is a plan or program to motivate individual with monetary rewards (incentive pay or monetary bonus), but may also include a variety of non-monetary rewards or prizes."
(Mamoria C., Personnel Management, 3rd ed., Himalaya Publishing House, Mumbai, 1984)
On the other hand, Wendell French says that the term "Incentive system" has a limited meanin…
