Speaking as a mod (of a very easy going community, mind you). This is not how I see my responsibilities. All I do is make sure people stick to the rules, deal with reports and organize some community challenges. Basically, I’m a happy mod when I don’t have to do anything at all :)
On top of that, I hate having to remove comments or posts and always try to get in touch with the poster to let them know why I did what I had to and hope they understand.
I don’t really see how this can be seen as a reward to be honest.