Posts Tagged Money as a Reward

Rewards and Compensation

People assume that an external manipulator, such as a reward, causes young people to change. As a result, many parents offer children money for doing something they ask. They equate it to earning a salary at work. But remember, salaries in the job marketplace are contractual agreements of compensation for service. They are not bribes to manipulate behavior. When was the last time you looked at your paycheck and thanked your employer for the reward?

Of course, if the compensation were not satisfactory, the person may choose to look elsewhere. As an aside, many studies have shown that “merit pay” is a poor motivator and low on a list of employee priorities. Rewards like these also create more problems … >>>