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Intrinsic
motivation
comes
from
personal interest or enjoyment in
the task itself and exists within
the individual.
Extrinsic
motivation
refers
to
performance of an activity to
earn a reward or avoid punishment.
Commonly this means a bonus for
meeting goals or punishment for
failure.
Extrinsic rewards only
work well
when employees are performing
simple routine tasks.
Intrinsic
motivation can result in increased
creativity, loyalty and productivity.
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