Prepare for the University of Central Florida MAN4143 Leadership Development Midterm. Study with practice questions, flashcards, and strategic insights. Ace your leadership exam with confidence!

A monthly paycheck exemplifies a non-contingent reward because it is a consistent and predetermined form of compensation that employees receive regardless of their performance levels within a specific period. This type of reward is not directly tied to specific outputs or achievements; instead, it is based on an employment agreement stipulating compensation for work performed over time.

In contrast, a bonus for achieving a specific goal and praise given immediately after a performance are contingent rewards, meaning they are given based on the achievement of certain tasks or goals. A holiday gift may also be seen as a form of appreciation or recognition, but it is typically not guaranteed and often occurs irregularly. The monthly paycheck stands out as a stable, regular compensation method that employees can expect, making it a clear example of a non-contingent reward.