Which motivational type is associated with performance bonuses?

The association of performance bonuses with extrinsic motivation is rooted in the nature of what motivates individuals to perform certain tasks or behaviors. Extrinsic motivation refers to the drive to perform an activity to earn external rewards or avoid punishment. Performance bonuses are a specific type of external reward provided to employees as a recognition of their performance, thereby incentivizing them to achieve specific targets or objectives.

In workplaces where performance bonuses are utilized, employees are motivated by the tangible benefits they can receive as a direct result of their efforts. This form of motivation is effective in encouraging productivity, as staff members recognize that their hard work can lead to financial gains or additional rewards.

In contrast, intrinsic motivation arises from within the individual, driven by personal satisfaction or a sense of accomplishing a task for its own sake, rather than for an external reward. While cooperative motivation focuses on the benefits of working collaboratively with others, achievement motivation centers on the desire to accomplish goals and excel. These other types of motivation do not inherently involve external rewards like performance bonuses do.