The Incentive Myth - Deepstash
The Incentive Myth

The Incentive Myth

This myth argues that that bigger incentives, monetary or otherwise, will increase motivation and hence increase innovation productivity.

Incentives can help, but often they do more harm than good, as people learn to game the system.

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If your mind can conceive it, and your heart can believe it, you can achieve it.

The idea is part of this collection:

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The Pros Of Incentive Programs

The Pros Of Incentive Programs

  • Increased Productivity: Rewarding the delivery of tangible results reinforces that good work will be rewarded. 
  • Strengthens Succession Pipeline: Employees often try to improve their skills in the pursuit of incentives, ultimately increasing their own efficiency.&nb...

What Are the Cons of Incentives?

What Are the Cons of Incentives?

  1. Create conflict: those who don’t receive incentives may be jealous of those who do regardless of merit. Those who receive incentives might also be upset if they worked harder than others to get the same reward.
  2. The focus of work becomes competitive instead of being focu...

Lack of motivation leads to passive behavior

The most common cause of passive behavior is being unmotivated.

It is a myth that motivation needs to come before action. More often, it is action that leads to motivation. You forced yourself to get in your workout gear and then sudde...

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