When Markus Dohle, the chief executive of Random House, announced at the company holiday party that each and every employee who had been with the company for a year — from top executives to their secretaries — would be receiving a $5,000 bonus, the room erupted in cheers.
The decision by Random House was largely tied to the success of "50 Shades of Gray." No employee anticipated or specifically worked toward the reward, so what effect will this bonus have on employee loyalty?
Explaining the nature of incentives is Dan Ariely, author and professor of behavioral economics at Duke University.
Comments [3]
YES, oh, wait...
"for companies?"
um, sure.
But, I think employees would like them
better.
What?
oh.
nevermind.
I work for a utility and surprise, everyone who worked through Sandy got an extra paid day to take before the end of the year... That boosted morale a bit.
Re: Takeaway December 10, 2010...Where is the personal responsiblity of the nurse who took her own life...We blame blame blame...We like to point fingers and when a tragic incident happens the tables turn...Suicide is a long road...on incident does not jar someone to do this...Where is or was the Nurses personal response to her own behavior and CHOICE.
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