Wednesday, August 5, 2015

Recognition Rewards v. Monetary Incentives

Recognition rewards work best when coupled with monetary incentives that are consistent with the message the recognition rewards send. The following Dilbert cartoon illustrates a problem of relying solely solely on recognition rewards to motivate good performance.

This clip from the movie, Jerry McGuire, illustrates the importance of monetary incentives: http://m.youtube.com/watch?v=OaiSHcHM0PA.


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