External Rewards - Deepstash

External Rewards

Rewards usually offer a short-term boost. But the effect wears off, and the negative consequence of them remain: they reduce a person’s longer-term motivation to continue the project.

When money is used as an external reward for some activity, the subjects lose intrinsic interest for the activity.

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rosaliep

Stashing about leadership and communication. Avid reader.

The idea is part of this collection:

Countering The Great Resignation

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Using Rewards

Using Rewards

Rewards may work in the short term, but real mastery and success are due to genuine interest, not the lure of rewards.

Cultivate intrinsic motivation. You should be able to enjoy the process with or without any reward.

The self-determination theory

This theory is not focused on how human motivation can be controlled and manipulated from without, but how it is functionally designed and experienced from within.

Intrinsic motivation is when we are more motivated to pursue actions when it emanates from the self.

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