Document Type
Report
Key Takeaways
• Short-term bonuses, including cash, family meal vouchers, and verbal rewards each increased performance by over 5%. • When these bonuses were removed, performance decreased for those who had received cash bonuses, but not for those receiving verbal rewards. • The negative effect of removing short-term cash bonuses diminished when those cash bonuses were chosen by employees, rather than granted by default.
Publication Date
2016
Disciplines
Business
Copyright
© 2016, University of South Carolina
Publication Info
2016.