Employee recognition programs can reduce firm-level productivity

More than 80 percent of companies use award programs like "Employee of the Month" and "Top Sales Club" to motivate employees and increase performance. While the conventional wisdom is that such awards are cheap and can provide ...

Immediate rewards for good scores can boost student performance

Test performance can improve dramatically if students are offered rewards just before they are given standardized tests and if they receive the incentive immediately afterward, new research at the University of Chicago shows.

Rewarding higher marks with money doesn't make the grade

(PhysOrg.com) -- Rewarding good grades with money has only a modest effect on students, says a new study conducted by researchers Tony Chambers (OISE) and Philip Oreopoulos (economics and U of T Mississauga) at the University ...

Saving fuel on the buses

Bus and truck companies could cut their fuel bills by more than 7% simply by training their drivers on more efficient driving techniques and offering a financial reward to those who improve fuel economy. A study published ...

'Sniffing' out counterfeit liquors

Watered-down or fake liquors can reap financial rewards for nefarious individuals, but the adulteration of liquor cheats consumers and can even lead to health hazards from added contaminants. Scientists now report in ACS ...

Money might be more motivating for people in 'WEIRD' countries

Financial rewards may be more motivating for people living in Western, educated, industrialized, rich, and democratic (WEIRD) countries, than for people from non-WEIRD countries, reports a study published in Nature Human ...

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