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RE: [SOCIAL EXPERIMENT] Do Bonuses And Penalties Pay Off? - by chrisadventures
Cool analysis, awesome subject to debate and good methodology!
Nowadays every employer seems to be looking for workers that are "self motivated" and have a "great attitude" which are very fun ways of saying "we're not gonna be paying that great", but not many employers are willing to bump that pay based on how valuable the employee's work was, even thought that value is usually easily quantifiable in the business world.
There's actually another whole subject of analysis on what job stability brings to the table, allowing employees to benefit from medical care, making credits etc based on having a stable job, even though the pay isn't that great.
There's probably a lot more to these kind of processes. I mean, a lot more factors would be of influence on their employer performance, BUT... I think that this shows nicely how these two factors are of influence. Having a stable job, for example, is also worth alot to someone and feels like a trigger too. I love how economic/finance is related to psychology and sociology as well. Approaching it from that perspective creates a whole new view on businesses! Anyways, thanks for your reply and thanks for reading !
It was a great read man, enjoyed it! Keep it coming :)