Final answer:
Job status-based rewards often lead employees to compete for promotions, driving them to demonstrate high levels of individual performance and thereby potentially increasing their company's profits and productivity.
Step-by-step explanation:
Job status-based rewards may encourage employees to compete for promotions. This concept is aligned with the belief that providing higher levels of income, prestige, and power as rewards for more important work will incentivize people to exert greater effort, as posited by Davis and Moore. It's also related to the principle that compensation should reflect the costs individuals incur in their work activity, and the idea that contribution should match the value of an individual's input to the social product. Furthermore, employees competing for promotions can contribute to a company's profits and earnings, as they strive to demonstrate high levels of individual performance, which potentially leads to improved productivity and the success of the business.