Intrinsic reward
An intrinsic reward is satisfaction arising from doing the work itself, such as achievement, learning, meaningful contribution or exercising responsibility. Job design and management practices can create conditions in which these experiences are more likely, but what people find rewarding differs. Intrinsic rewards can operate alongside pay and other external rewards; the two are not mutually exclusive.
Worked example
A software developer gains satisfaction from solving a difficult problem and seeing colleagues benefit from the solution. The employer also pays a salary, but that payment is a separate external reward.
Common mistake
Do not call every non-cash reward intrinsic. A prize or public award is externally provided, even if receiving it also creates personal satisfaction.
Where it appears in your exams
| Qualification | Exam | Relationship | Period |
|---|---|---|---|
| ACCA | BT | Direct | September 2026–June 2027 |
| FIA | FBT | Direct | September 2026–June 2027 |