For Best Results, Forget the Bonus
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Saved by 15 people (-6 private), first by anonymouse user on 2006-08-10
- Bargo_d on 2009-02-08 - Tags no_tag
- Lindsaydaniels on 2009-01-05 - Tags salary , focus , compensation , ny , times , bonus , remuneration , inicentive
- Billtobin on 2008-12-13 - Tags alfie , kohn
- Tmcleod3 on 2008-05-01 - Tags Personal , Management , Sociology
- Silverkingcobra on 2008-03-23 - Tags article , business , incentives , management , motivation , productivity , psychology , work
Public Sticky notes
The more closely pay is linked to achievement, the more damage is done.
If rewards do not work, what does? I recommend that employers pay workers well and fairly and then do everything possible to help them forget about money. A preoccupation with money distracts everyone -- employers and employees -- from the issues that really matter.
Those issues might be abbreviated as the three C's of quality: choice, collaboration and content.
Highlighted by dcorking
Whatever the reason, rewards turn play into
work and work into drudgery. Worse, when rewards corrode intrinsic
motivation, workers have no other reason to put out an effort. This
pattern, in turn, confirms supervisors' beliefs in the need for
incentives. It is a self-fulfilling prophecy.
Highlighted by ab_aditya
Public Comment
on 2007-09-24 by ab_aditya