Extrinsic rewards
are tangible and visible to others
It typically let people given for good performance.
join the organisation, regularly attend their jobs, perform their jobsand well
stay with the organisation
Intrinsic rewards
natural rewards associated with performing the task
for its own sake, e.g. a feeling of self esteem
It's rewards are mostly self related such as sense of accomplishment, feeling of responsibility, chance to learn ,something new
the fun that comes from performing an interesting, challenging and engaging task.
Extrinsic rewards includes pays,good benefits , job security and promotions
Intrinsic rewards includes interesting work,learning new skills and independent work situations