Reward systems in workplaces are changing rapidly as younger employees enter the workforce. Generation Z, born after 1997, is becoming a major part of organisations worldwide. Their expectations differ from older generations. They want meaningful work, sustainability, flexibility, and personal growth. Many organisations are now rethinking reward systems to match these new expectations. Here, let's explore how rewards are being redefined with a focus on Gen Z, sustainability, and intrinsic motivation, supported by research and global examples. Changing Expectations of Gen Z Gen Z is highly aware of social and economic issues and seeks workplaces that offer fairness, growth opportunities, and ethical leadership. Researches show that Gen Z employees leave companies that do not align with their values, even if salaries are competitive (Deloitte, 2024). This is different from earlier generations, who often prioritised job security and financial growth. In Sri Lanka, companies such a...