Workplace Recognition and Incentive Programs

Everyone is Motivated

Posted on April 5, 2012 by Motivo Staff in Uncategorized

A recent McKinsey study found that the best workplace motivators appeal directly to the emotions, with 67 percent listing praise or recognition from an immediate manager as “effective” or “extremely effective.” Non-financial incentives clearly outperform financial incentives. Compensation and recognition are not synonymous. To be effective rewards must be distinguished from compensation. Cash has no separability as an award. Recognition then must be sincere, timely, relevant and specific to be effective. Factors such as deadlines, threats, imposed unrealistic goals and external pressure can also have the effect of reducing intrinsic motivation due to the perception of the external locus of causality (Vallerand and Bissonnette 1992). Factors that increase intrinsic motivation – such as choice, acknowledgement of feelings, and opportunities to set own goals – enhance intrinsic motivation due to the greater feeling of autonomy...

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