Enhancing performance through rewards . List of reward systems, p. 223. Note that the rewards are closely associated with the work. Gain sharing rewards workers who become involved in improving work. They are rewarded by the improvement and the money that comes from the improvement.
Profit sharing gives employees a portion of profits without regard to their performance.
If you give a worker time off as a reward for working, you are communicating work stinks. He is being rewarded for leaving work. By giving a person more control and responsibility and the money that goes with it, you are saying you value the work. Objectives, quotas, performance standards are agreed to. MBO assumes empowerment and autonomy of the worker.