Final answer:
The rewards of practicing management include increased salary and benefits, career advancement opportunities, personal and professional development, and improved productivity leading to potential sharing in profits and earnings. Positive managerial relationships also greatly influence job satisfaction and the working environment.
Step-by-step explanation:
The rewards of practicing management are multifaceted and encompass various aspects of a professional's working life. They include tangible benefits like salary and benefits, as well as career advancement opportunities. Additionally, personal and professional growth is a significant reward, obtained through training, education, and the development of professional relationships. An effective manager provides valuable supervision and feedback which supports an employee's growth. It is also acknowledged by sociologists like Davis and Moore that rewards such as income, prestige, and power are motivational forces for employees to strive harder in their roles. In the practical sense, good management practices can lead to improved productivity and potentially, profits and earnings amongst employees. Engaging proactively with management responsibilities enables an individual to solve problems independently, contribute to team priorities meaningfully, and develop skills that benefit both the individual and the organization. A positive relationship with one's manager can influence job satisfaction significantly, leading to a harmonious and positive working environment. Ultimately, learning to maintain a collegial relationship with a manager and being flexible, resourceful, and accountable are key aspects of harnessing the full rewards of practicing management.