Identify the intrinsic and extrinsic rewards of a job.

Job Rewards Analysis
⦁ Job rewards analysis: identifies the intrinsic and extrinsic rewards of a job
⦁ Analyzes the intrinsic rewards that are non-monetary and derived from the work itself and the firm’s culture
⦁ Including the satisfaction of meeting personal goals, continuous learning, and doing meaningful work.
⦁ Analyzes the extrinsic rewards that have monetary value of a job.
⦁ Include base pay, bonuses, and benefits.
⦁ The combination of intrinsic and extrinsic rewards are a job’s total rewards

⦁ Employee value proposition (EVP): the intrinsic and extrinsic rewards an employee receives by working for a particular employer in return for their job performance
⦁ Communicating your EVP:
⦁ First determine exactly what attracts job candidates, and why employees enjoy their work.
⦁ Then craft a message to clearly state what makes your company the obvious choice over the competition.