HRZone: 3 Lessons from Edward Deci on Why Cash Is Not King for Employee Motivation
December 5th 2012.
Recognize This! – Cash is the currency of compensation, not motivation.
I’ve written often about why cash not a good method for motivating employees (including my post yesterday as well as these older ones on cash bonuses incenting employees to quit and even sue).
Edward Deci, a human motivation psychologist at University of Rochester, is one of the experts in the space who gives the evidenced-based reason for why. This recent article in CNBC includes several excellent points from Deci, which I’ve sorted…
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By Derek Irvine