In addition to this, money is something which can prove to be appealing for different people and it can motivate everyone. Be it a lowest grade employee or the CEO of the company, everyone may get motivated through the financial rewards. This is one of the most important advantages of using the financial rewards by the organization. An employee may be motivated more and more when he gets the few additional dollars in his account as financial rewards. The financial reward will also keep the employee interested to work more and more in a positive manner. If he/ she will believe that there is a positive environment within the company for his/ herself, the employee will continue to work more and more. The financial rewards are useful for the employees as they can be used by the employees in fulfilling some of the basic necessities of life. In addition to this, it also forms to be the symbol of triumph and accomplishment. It has been found according to the research conducted by MSN Money that around 43 % of the people in America spend much more amount in comparison to whatever they only earn.
This can clearly state that that there is a widespread phenomenon which may be related to the insufficient personal income which may not be complete enough for fulfillment of the daily necessities. But, if any person gets some extra bonus in the form of the cash rewards, he can utilize the same to fulfill his needs. Another advantage of giving the financial benefits to the employees is that it demonstrates him or her that he/ she also has a value. Though by praising the employee or make him feel gratitude may motivate him, but a financial benefit will serve as a concrete expression of esteem for the person. This would be something which would give the esteem to the person and will also help the employee in his/ her day to day operations. Employees who will feel that they get the value in the company will work harder. This is because they will hope that in future if they continue to work well, they will get more and more financial rewards as well.