For extrinsic motivations employees are given free ipod shuffle or iphone and are given product discounts.
Reward system for employees in apple.
Reward management in the apple inc.
Ceo tim cook sent out a memo this week thanking everyone for their part in helping the company do so well.
Amazon and apple are both among the most admired companies in the world.
According to glassdoor apple employees get an annual 25 discount when they purchase an ipod computer or ipad.
Every three years workers can get 250 off an ipad or 500 off a mac.
Apple are able to attract and also gain loyalty from their employees through these types of rewards.
It s no coincidence that time and again good companies find new ways to reward their employees.
Extrinsic motivation uses external rewards such as money gifts and recognition to motivate the employees.