4min chapter

Coaching for Leaders cover image

282: How to Motivate People, with Dan Ariely

Coaching for Leaders

CHAPTER

Money Is a Motivational Factor, but It's Also a Stressor

i'm wondering, from the research you've done, how to monetary bonuses play a role in our motivation to do our best work. Does it work? Does it not work? Yes, so s i think ther there's really no good evidence for its working, and all kinds of evidence for it not working. So when i pay you a high amount, yes, you want to get that amount, but you're also stressed. And it turns out that o your mind set off just afraid that you're not making this money is much, much stronger than before.

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