Ask your employees this: “How would you like to be rewarded for your efforts and performance, in addition to your fixed salary?” They will likely respond by asking for a cash reward in the form of a raise or bonus, which they can then spend on themselves. They might even convince you that spending this extra cash on the newest tablet on the market, or Daft Punk’s next album, will motivate them to work “harder, better, faster, stronger.”
The Bonus Employees Really Want, Even If They Don’t Know It Yet
Research shows that prosocial bonuses improve performance and make us happier.
October 08, 2013