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(Phys Org2)   Let's find out, shall we?   (phys.org) divider line
    More: Obvious, Motivation, Tangible rewards, tangible employee rewards, ease of use of the reward, motivational efficacy of tangible rewards, recent survey of firms, cash rewards, Adam Presslee  
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1292 clicks; posted to Business » and Main » on 15 Aug 2022 at 8:38 AM (6 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



38 Comments     (+0 »)
View Voting Results: Smartest and Funniest
 
2022-08-15 8:17:55 AM  
In which big business and HR attempt to convince us that we don't want more money we want more trivially cheap crap and empty gestures.
 
2022-08-15 8:20:10 AM  
I don't want a sticker.
I don't want an "attaboy"
I don't care if you mention my 5 year anniversary in the newsletter.

I work for money

<pitch pipe>


Money don't get everything, it's true
But what it don't get I can't use

I need money (That's what I want)
That's what I want (That's what I want)
That's what I want (That's what I want)
That's what I want (That's what I want)
Money (That's what I want)
Lots of money (That's what I want)
Whole lot of money (That's what I want)
Uh huh (That's what I want)
All I want (That's what I want)
Woah yeah (That's what I want)
 
2022-08-15 8:39:21 AM  
This survey brought to you by the Bring Back Slave Labor coalition.
 
2022-08-15 8:56:27 AM  
Maybe before we rule that out, maybe we should give money a try?

/Just had my 20 year anniversary at work. Also got a 2.75% raise during a 9% inflation year. Fuck all the way off.
 
2022-08-15 8:59:53 AM  
Headline:
Cash may not be the most effective way to motivate employees

Actual Quote:
"We found that there is, at best, mixed evidence regarding the motivational efficacy of tangible rewards versus cash rewards," said Adam Presslee, an associate professor at the University of Waterloo's School of Accounting and Finance. "It is somewhat puzzling why so many companies go to the trouble of tangible rewards when cash rewards also lead to motivational differences."

WTF?
And WhyTF is this at phys.org ??
 
2022-08-15 9:08:07 AM  
You mean the free alarm clock with the company logo glued to it doesn't inspire you to attack your work more vigorously?
 
2022-08-15 9:08:33 AM  
Pizza party!!!
 
2022-08-15 9:13:09 AM  
Yeah...no. More money in the check or STFU and GTFO.
 
2022-08-15 9:16:20 AM  
What's better, hot coca samplers? Whips? Shock collars?
 
2022-08-15 9:28:23 AM  

RobotSpider: Maybe before we rule that out, maybe we should give money a try?

/Just had my 20 year anniversary at work. Also got a 2.75% raise during a 9% inflation year. fark all the way off.



Yeah, this year I got the rare "exceeds expectations" and got 5% in a 9% year.

I feel motivated.
Motivated to spend more time on fark.

/They control the numerator and you control the denominator.
 
2022-08-15 9:29:44 AM  
Kaiser once gave us Bombas socks as our Christmas bonus. We had to pay for shipping ourselves.
 
2022-08-15 9:40:19 AM  
Fark user imageView Full Size

For when money doesn't feel like the right way to say "thank you".
 
2022-08-15 9:46:59 AM  
There are plenty of things that motivate me at work. Cash, stock, work from home, cash, flexibility with hours, cash, a healthy work environment, cash, and cash.
 
2022-08-15 9:53:35 AM  
Everyone in my company above a certain grade just got a new type of title that exists only in the company directory and in email signatures. No change to actual title or compensation. WTF even is that? How transparent is that sop?
 
2022-08-15 10:02:29 AM  
Wishful Thinking 101.
 
2022-08-15 10:13:19 AM  
Manager gave us "A token of thanks" pre-pandemic: Some bite sized candies, a card, and inside the card was a Fandango gift card for $25.  I could never get the Fandango card to work when I wanted to stream movies from home once Covid hit.  Tried it again earlier this year, and the system was a PITA to navigate, then it was requiring that I set up an account.  Eff that.  Cut up the card and threw it into the trash.  This was when I was at a notoriously cheap Fortune 500.  I heard stories regarding the bonus structure for managers and above which made it that much easier when the decision to jump ship came to mind.
 
2022-08-15 10:22:50 AM  
"It is somewhat puzzling why so many companies go to the trouble of tangible rewards when cash rewards also lead to motivational differences."

I once worked at a place (in Canada) that would give bonuses in gift cards to the store of your choice, because they would be taxed at a lower rate than money in your paycheck. Where I work now, I have the authority to give an employee a bonus of up to $500, or up to 24 hours added to their leave balance, their choice.  Most people I've done it with so far have chosen the leave, interestingly.
 
2022-08-15 10:32:48 AM  
When negotiating wages, I always tried to push extra paid vacation over a higher pay rate.
 
2022-08-15 11:44:44 AM  
We lost a lot of our new hires to dealer dot com when they opened.

We lose most of our senior employees to any company paying more.

Apparently a few more are now too.
 
2022-08-15 11:45:00 AM  
I know your average farker doesn't want to here this, but this is simply another study in a long line of studies to produce compelling evidence that increased salary alone does little to motivate employees.

And, it makes sense.  If you are working a job that is fundamentally unsatisfying, or your work environment is toxic, even as much as a 15% pay increase really isn't going to do much to make you a more productive employee.  It may dissuade you from resigning for another job for a time, but that is about it.
 
2022-08-15 11:53:10 AM  
Fark user imageView Full Size
 
2022-08-15 12:04:58 PM  

v2micca: I know your average farker doesn't want to here this, but this is simply another study in a long line of studies to produce compelling evidence that increased salary alone does little to motivate employees.

And, it makes sense.  If you are working a job that is fundamentally unsatisfying, or your work environment is toxic, even as much as a 15% pay increase really isn't going to do much to make you a more productive employee.  It may dissuade you from resigning for another job for a time, but that is about it.


Yep.  

Two jobs, one which involves a miserable, micromanaged environment with constant personnel shortages and threats of "bad things" if one were to use their PTO, and the other which gives you considerable autonomy and has extremely flexibility to maintain work-life balance.  The latter job pays 15% less... which would you take?

The other bit that farkers don't want to hear... If you're teetering on broke now, 15% more pay won't make a difference.  You've already set the behavioral baseline of spending every dime that comes your way.  You'll "deserve nicer things" and your lifestyle will expand to soak up that pay.
 
2022-08-15 12:10:39 PM  

Izunbacol: v2micca: I know your average farker doesn't want to here this, but this is simply another study in a long line of studies to produce compelling evidence that increased salary alone does little to motivate employees.

And, it makes sense.  If you are working a job that is fundamentally unsatisfying, or your work environment is toxic, even as much as a 15% pay increase really isn't going to do much to make you a more productive employee.  It may dissuade you from resigning for another job for a time, but that is about it.

Yep.  

Two jobs, one which involves a miserable, micromanaged environment with constant personnel shortages and threats of "bad things" if one were to use their PTO, and the other which gives you considerable autonomy and has extremely flexibility to maintain work-life balance.  The latter job pays 15% less... which would you take?

The other bit that farkers don't want to hear... If you're teetering on broke now, 15% more pay won't make a difference.  You've already set the behavioral baseline of spending every dime that comes your way.  You'll "deserve nicer things" and your lifestyle will expand to soak up that pay.


Neither of you, and several others in this thread, seem to have any idea what kind of rewards they're talking about in TFA:

FTFA: Tangible rewards motivate employees when they're easy to use, pleasurable, unexpected, and distinct from salary, a new study found.

A recent survey of firms in the United States revealed that 84 per cent spent more than $90 billion annually on tangible employee rewards, such as gift cards, recreation trips and merchandise in hopes of increasing productivity.

"We found that there is, at best, mixed evidence regarding the motivational efficacy of tangible rewards versus cash rewards," said Adam Presslee, an associate professor at the University of Waterloo's School of Accounting and Finance. "It is somewhat puzzling why so many companies go to the trouble of tangible rewards when cash rewards also lead to motivational differences."
 
2022-08-15 12:14:16 PM  
Honestly, I wouldn't really complain if they surprised me with a bunch of cash.  But I understand there are downsides to that (for them).  So I'd be just as happy if they surprised me by paying off my credit cards.
 
2022-08-15 12:36:50 PM  
I had enough "rewards points" from my work that I was able to buy a window AC unit for my house. So like $3-400. So that was cool. It was "rewards points" -> amazon GC -> buy an AC unit. So, that's cool but again that's $$$. I'd rather that than a pizza party.

I used to work at a car dealer as a detailer and the sales staff would occasionally buy us lunch. Occasionally. In turn they'd bring us a 4-Runner or Sequoia within 10 minutes of closing that was all black and needed buffing. So f*ck your pizza party, I hated that crap.
 
2022-08-15 12:45:33 PM  

v2micca: I know your average farker doesn't want to here this, but this is simply another study in a long line of studies to produce compelling evidence that increased salary alone does little to motivate employees.

And, it makes sense.  If you are working a job that is fundamentally unsatisfying, or your work environment is toxic, even as much as a 15% pay increase really isn't going to do much to make you a more productive employee.  It may dissuade you from resigning for another job for a time, but that is about it.


I am sure to the people at the bottom more money would be very welcome to them, the higher you go I could see other forms of motivation. But I can tell you that people at the bottom do not want more lunches, quarterly dinners, company branded merch, more time off they can't afford to use or wacky spirit weeks. Money would work wonders and getting the ahole manager off their backs would probably work wonders as well.
 
2022-08-15 12:50:10 PM  
The last 10 years of employee appreciation days we've had, I got a pen, two ice cream cones, and two "anything from the bottom shelf between the erasers and the combs - basically anything within this 2" space" codes for the company-branded website - which ended up being exactly two items. A clip-on selfie light for my laptop (batteries not included) and a charging cable roll up pouch.
 
2022-08-15 12:50:50 PM  

Chief Superintendent Lookout: Pizza party!!!


If your company doesn't have a morale problem before, telling your employees "I got you Papa Johns" will do the trick.
 
2022-08-15 1:13:10 PM  

Thosw: The last 10 years of employee appreciation days we've had, I got a pen, two ice cream cones, and two "anything from the bottom shelf between the erasers and the combs - basically anything within this 2" space" codes for the company-branded website - which ended up being exactly two items. A clip-on selfie light for my laptop (batteries not included) and a charging cable roll up pouch.


I worked at Target for one summer and one Christmas break. If you went above and beyond or did something mildly notable for the first time, your reward was something out of the "prize box," just like in kindergarten. The box was so blatantly stuff from the dollar section that had failed to sell.
 
2022-08-15 1:25:09 PM  

RobotSpider: Maybe before we rule that out, maybe we should give money a try?

/Just had my 20 year anniversary at work. Also got a 2.75% raise during a 9% inflation year. fark all the way off.


Retired last year. Just went back as a contractor, half-time. Making over 2x what I made when I was full time.
More motivated, but the corporate paper mill is working hard to fix that.
 
2022-08-15 2:04:31 PM  

Thosw: The last 10 years of employee appreciation days we've had, I got a pen, two ice cream cones, and two "anything from the bottom shelf between the erasers and the combs - basically anything within this 2" space" codes for the company-branded website - which ended up being exactly two items. A clip-on selfie light for my laptop (batteries not included) and a charging cable roll up pouch.


Is this your HR person?
i.ytimg.comView Full Size
 
2022-08-15 2:06:20 PM  

v2micca: And, it makes sense. If you are working a job that is fundamentally unsatisfying, or your work environment is toxic, even as much as a 15% pay increase really isn't going to do much to make you a more productive employee.


That does make sense... because 15% isn't enough!
 
2022-08-15 3:35:39 PM  

kozlo: I had enough "rewards points" from my work that I was able to buy a window AC unit for my house. So like $3-400. So that was cool. It was "rewards points" -> amazon GC -> buy an AC unit. So, that's cool but again that's $$$. I'd rather that than a pizza party.

I used to work at a car dealer as a detailer and the sales staff would occasionally buy us lunch. Occasionally. In turn they'd bring us a 4-Runner or Sequoia within 10 minutes of closing that was all black and needed buffing. So f*ck your pizza party, I hated that crap.


9 times out of 10 the pizza is crap and has black olives and/or mushrooms to boot.
 
2022-08-15 3:45:12 PM  

Thank You Black Jesus!: kozlo: I had enough "rewards points" from my work that I was able to buy a window AC unit for my house. So like $3-400. So that was cool. It was "rewards points" -> amazon GC -> buy an AC unit. So, that's cool but again that's $$$. I'd rather that than a pizza party.

I used to work at a car dealer as a detailer and the sales staff would occasionally buy us lunch. Occasionally. In turn they'd bring us a 4-Runner or Sequoia within 10 minutes of closing that was all black and needed buffing. So f*ck your pizza party, I hated that crap.

9 times out of 10 the pizza is crap and has black olives and/or mushrooms to boot.


See, that's the problem with these events.  There's always some farking man-child who will only eat cheese/pepperoni, chicken tenders, or PBJ with the crusts cut off.
 
2022-08-15 3:52:11 PM  
"You know, Boss, I don't deserve the *best* motivation.  Let's stick to *cash*, shall we?"
 
2022-08-15 4:14:52 PM  

nytmare: You mean the free alarm clock with the company logo glued to it doesn't inspire you to attack your work more vigorously?


We got one of those years ago. I tossed mine but I still smile when I see one.
 
2022-08-15 5:47:05 PM  
Pizza? How nice of them to acknowledge that their employees are so poorly paid that they need a free meal.
 
2022-08-15 7:15:06 PM  

Izunbacol: Thank You Black Jesus!: kozlo: I had enough "rewards points" from my work that I was able to buy a window AC unit for my house. So like $3-400. So that was cool. It was "rewards points" -> amazon GC -> buy an AC unit. So, that's cool but again that's $$$. I'd rather that than a pizza party.

I used to work at a car dealer as a detailer and the sales staff would occasionally buy us lunch. Occasionally. In turn they'd bring us a 4-Runner or Sequoia within 10 minutes of closing that was all black and needed buffing. So f*ck your pizza party, I hated that crap.

9 times out of 10 the pizza is crap and has black olives and/or mushrooms to boot.

See, that's the problem with these events.  There's always some farking man-child who will only eat cheese/pepperoni, chicken tenders, or PBJ with the crusts cut off.


chicken tenders *RULE*

fight me
 
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