Ideas from books, articles & podcasts.
The data from an A/B test to create an incentive scheme is close to optimal.
The A/B testing framework doesn't require the employer to understand in advance anything about their employees' preferences, such as a dislike for working at a faster pace. They also don't need to understand the effort that goes into being more productive. Employers only need to observe and react.
published ideas from this article:
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Marketers use A/B tests to set different call-to-action messages against another or find which of two messages will cause the most sales on an e-commerce site.
Managers can also use A/B tests for other things, such as designing the best way to motivate employees. A single A/B test can
Researchers found that using previously published productivity data can predict how employees perform under another entirely different incentive scheme.
Researchers also used actual productivity data to test their model's ability to design a better contract...
Organisations use a wide range of incentive schemes to motivate their employees: Some schemes are basic such as a base salary and a bonus if specific targets are reached. Other schemes are more complex. All involve critical decisions with critical trade-offs.
One of the only ways for manag...
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Asking sensitive questions can help build stronger relationships. However, we should know how to seek useful information while minimising the discomfort we feel.
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It’s almost hard to imagine now that people would commute 2 hours each way, from home to office and back, hopping buses and trains. Remote working, as discovered by millions recently, has plenty of freedom and the added advantage of no-commute.
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The pandemic has forced us to take a hard look at the modern workplace.
Options such as all-remote or hybrid are becoming part of work mainstream. Another idea is shrinking the workweek. Proponents argue that the reduced hours working model can address current work ...
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