Which all managers have, is power that results from a manager's authority to reward his or her subordinates. rewards can range from praise to pay raises, from recognition to promotions?

The answer is Reward power.

This is a type of power which all manager have, is the power that concludes from managers' authority to reward their subsidiaries.

Reward power is simply a power of a manager to give a reward to employee as a means of influence to act, rewards can be tangible or intangible.