Comments on: Banker Motivation http://tamelarich.com/2010/perspective/banker-motivation/ Smart Business Communications Tue, 03 Jan 2012 04:59:43 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Nancy M. http://tamelarich.com/2010/perspective/banker-motivation/comment-page-1/#comment-616 Nancy M. Fri, 05 Feb 2010 15:21:37 +0000 http://tamelarich.com/?p=2793#comment-616 This is what workers really l want: http://listen.grooveshark.com/#/search/songs/?query=respect%20arethra%20franklin This is what workers really l want:
http://listen.grooveshark.com/#/search/songs/?query=respect%20arethra%20franklin

]]> By: Tamela Rich http://tamelarich.com/2010/perspective/banker-motivation/comment-page-1/#comment-615 Tamela Rich Fri, 05 Feb 2010 13:05:29 +0000 http://tamelarich.com/?p=2793#comment-615 You're right about Ariely's experiment, and Pink includes that in his book. What I learned from <em>Drive</em> is that if people have the basics and feel they're treated fairly, that you can get a lot more out of them by making a job intrinsically interesting than with throwing money at them. Also, by throwing money at them, they focus more narrowly on the job as defined and incentivized, not even recognizing the alternative (and perhaps better) approaches. Humans are infinitely interesting, huh? Tamela You’re right about Ariely’s experiment, and Pink includes that in his book. What I learned from Drive is that if people have the basics and feel they’re treated fairly, that you can get a lot more out of them by making a job intrinsically interesting than with throwing money at them. Also, by throwing money at them, they focus more narrowly on the job as defined and incentivized, not even recognizing the alternative (and perhaps better) approaches.

Humans are infinitely interesting, huh?

Tamela

]]> By: Nancy Miller http://tamelarich.com/2010/perspective/banker-motivation/comment-page-1/#comment-614 Nancy Miller Fri, 05 Feb 2010 02:23:57 +0000 http://tamelarich.com/?p=2793#comment-614 In his book Irrational Economics, Dan Ariely conducted an experiment (in India, I believe) to try to measure the effect of different pay levels. The results: Those who were paid the most performed the worst. He surmised that the pressure to perform was too great. It bears further investigation! In his book Irrational Economics, Dan Ariely conducted an experiment (in India, I believe) to try to measure the effect of different pay levels. The results: Those who were paid the most performed the worst. He surmised that the pressure to perform was too great. It bears further investigation!

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