“…Although a wide variety of work value typologies have been presented, there appears to be relative consensus on at least two fundamental types of values: Intrinsic or cognitive work values, which pertain to the inherent psychological satisfactions of working, such as interesting work, challenge, variety, and intellectual stimulation; and, extrinsic or instrumental work values, which relate to material aspects of work, such as pay, benefits, and job security (Elizur, 1984;Herzberg, Mausner, & Snyderman, 1959;Ros et al, 1999;Schwartz, 1999). Dyer and Parker (1975) found that there is great discrepancy in the ways that the labels ''intrinsic'' and ''extrinsic'' are applied; sometimes referring to the relationship of the work aspect to the job itself (i.e., inside or outside of the job's content) and sometimes referring to its relationship to the individual (i.e., intrapsychic or external to the person). We therefore agree with Elizur (1984) that the terms ''cognitive'' and ''instrumental'' are more appropriate to describe these two types of work values.…”