Regarding the compensation of employees, which of the following can be said about nonfinancial rewards?
A. They are only appropriate for veteran sales reps who no longer need as many financial rewards.
B. They can help motivate employees, especially through recognition programs.
C. They don't cost the firm any money.
D. They have relatively low symbolic value because they are nonfinancial.
E. They have shown little effect on motivating employees.
Answer: B. They can help motivate employees, especially through recognition programs.