#32 Does Pay for Performance really motivate?

04/23/20 • 37 min

Intrinsic motivation and extrinsic rewards Contingent pay could either increase or decrease employees’ motivation. It is an oversimplified and often wrong idea about money being a motivator only. Often rewards could even do harm. Whether or not money motivates heavily depends on the nature of the task. You'll find all slides here: https://armintrost.de/en/professor/digital/human-resources-strategies/

Previous Episode

#31 Fundamentals and Strategies of Base Pay

Pay grades, pay structures and pay bands Base pay could be seen as a kind of flat rate. It mainly becomes relevant when it comes to attracting and retaining people. While most companies share a common approach on how to manage compensation with pay structures there still are various strategic decision to be made. You'll find all slides here: https://armintrost.de/en/professor/digital/human-resources-strategies/

Next Episode

#33 The Puzzle of Compensating High Performers in Teams

The Dilemma of Collaboration versus Fairness Even in teams there might be high performers. Treating high performers differently might be a mistake. Not doing so might be a mistake too. You might either kill collaboration or you lose or not attract high performers. There is no perfect solution. You'll find all slides here: https://armintrost.de/en/professor/digital/human-resources-strategies/