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