types of rewards for employees
Different Types of Rewards. Rewards can be divided into four categories: Transactional, relational, individual and communal. Some rewards can be considered as transactional and individual in the same time. Others can be considered as relational and communal. Transactional rewards are tangible. They include the financial rewards. These rewards can be easily copied by competitors. In addition, individual rewards are the ones that are given to employees individually.