REWARD AND COMPENSATION Reward and compensation are terms that are often used interchangeably, but they have different meanings and implications. Here are the key differences between the two: 1. Definition – Reward is something that is given in recognition of someone’s efforts or achievements. It is typically non-monetary and can include things like praise, recognition,
REWARD AND PUNISHMENT Reward and punishment are two contrasting approaches used to shape behavior and influence outcomes. Here are the key differences between the two: 1. Objective – Rewards are positive stimuli or consequences given to encourage desired behavior and increase the likelihood of its recurrence. They serve as incentives and reinforcements. On the other
A reward is something given or received in return for a job well done or an accomplishment. It is a form of recognition and positive reinforcement that can motivate individuals to continue their efforts and perform better in the future. It can be tangible or intangible, and the following types of reward are as follows:
MEANING OF PUNISHMENT Punishment is the act of imposing a consequence or penalty for an individual’s wrongdoing or disobedience. Its purpose is to discourage the offender from repeating the behavior and to promote social order and justice. TYPES OF PUNISHMENT There are different types of punishment, and here are the main types: 1.