Award vs. Reward: What's the Difference?

Edited by Aimie Carlson || By Harlon Moss || Updated on October 23, 2023

An award is a formal recognition of someone's achievement, while a reward is something given in return for one's effort or behavior.

Key Differences

An award typically signifies recognition for excellence, achievement, or a specific accomplishment. On the other hand, a reward is generally given in response to one's actions, behavior, or efforts and can be more transactional in nature.

In the world of arts and sciences, individuals might receive an award for their outstanding contributions or breakthroughs. In contrast, a reward might be given to an employee for meeting their monthly targets or to a child for good behavior.

Awards often come in the form of trophies, certificates, or titles. These are symbols that represent honor and recognition from peers or institutions. Rewards, however, range widely from monetary incentives to gifts, perks, or even simple praises.

When one wins an award, it often gets public acknowledgment, elevating their status or reputation in a community or industry. Rewards, although they can be public, are often private or personal, meant to motivate or encourage future positive actions or behaviors.

It's noteworthy that while all awards can be rewards (because they offer a form of gratification), not all rewards qualify as awards. A bonus given for work well done is a reward, but it isn't necessarily an award unless it represents formal recognition.

Comparison Chart

Nature

Formal recognition

Given for effort or behavior

Examples

Trophies, certificates, titles

Money, gifts, perks, praises

Public vs. Private

Often public

Can be public or private

Purpose

To honor and recognize excellence

To motivate or encourage specific behaviors

Scope

Specific achievements or contributions

A consequence that happens to someone as a result of worthy or unworthy behavior

The rewards of exercise.

The rewards of lying to your boss.

Award

To grant an amount or other benefit legally due

Awarded damages to the plaintiff.

Reward

Money offered or given for some special service, such as the return of a lost article or the capture of a criminal.

FAQs

Do awards always come with monetary benefits?

No, awards might be symbolic, like trophies or titles, without monetary value.

Why are rewards given in the workplace?

Rewards are often given to motivate employees and acknowledge their contributions or efforts.

Can someone get an award without competing?

Yes, awards can be given for lifetime achievements or contributions without specific competition.

How is a reward different from an award?

A reward is something given for effort or behavior, while an award is formal recognition.

Can a reward also be an award?

Yes, if a reward serves as a formal acknowledgment of excellence, it can be considered an award.

Are all awards publicly announced?

While many awards are public, some can be private or within a specific community or organization.

Can rewards be non-materialistic?

Yes, rewards can be non-materialistic, like praise, appreciation, or recognition.

How does an award impact a professional's career?

An award can enhance a professional's reputation, credibility, and opportunities in their field.

Is there always a tangible item associated with rewards?

No, rewards can be intangible like a compliment, recognition, or a simple thank you.

What's the significance of awards in the arts industry?

Awards in the arts, like the Oscars, recognize excellence and influence industry standards and trends.

Can rewards be spontaneous?

Yes, rewards can be spontaneous, given without prior notice or expectation.

Are there international awards recognized globally?

Yes, some awards, like the Nobel Prize, are internationally recognized and hold global significance.

What might be a common reward for children?

Common rewards for children include treats, toys, or extra playtime.

What is the aim of a reward system in a company?

The aim is often to motivate employees, foster loyalty, and promote desired behaviors or outcomes.

Is there a hierarchy in awards, like levels of importance?

Yes, in many fields, there are tiers of awards, ranging from local recognitions to prestigious international honors.

Can an award be taken back?

In rare cases, awards can be revoked if terms are violated or new information emerges.

Who decides the rewards in a corporate setting?

Rewards are typically decided by management, HR, or specific committees, based on set criteria.

Is receiving multiple awards indicative of consistent excellence?

While multiple awards often indicate consistent excellence, the quality and significance of each award also matter.

What is an award?

An award is a formal recognition of someone's excellence or achievements.

How can rewards influence behavior?

Rewards reinforce positive behavior, encouraging individuals to repeat or increase those behaviors.

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About Author

Written by

Harlon Moss

Harlon is a seasoned quality moderator and accomplished content writer for Difference Wiki. An alumnus of the prestigious University of California, he earned his degree in Computer Science. Leveraging his academic background, Harlon brings a meticulous and informed perspective to his work, ensuring content accuracy and excellence.

Edited by

Aimie Carlson

Aimie Carlson, holding a master's degree in English literature, is a fervent English language enthusiast. She lends her writing talents to Difference Wiki, a prominent website that specializes in comparisons, offering readers insightful analyses that both captivate and inform.