Small signals of appreciation have a decisive influence on the output and quality of the work of employees. A field experiment of KIT (Karlsruhe Institute of Technology) economist Petra Nieken and two colleagues revealed that a combination of performance-oriented piece wage and motivating words increases the performance by 20% and reduces the error rate by 40%.
"Our results are relevant to entrepreneurial practice," Nieken emphasizes. She holds the Chair for Human Resources Management of KIT's Institute of Management. How can staff members be motivated? Theory lists two instruments: Financial incentives, such as bonuses or piece wages, and the capability of executives to motivate their staff members. The question whether and how these two instruments complement, strengthen or weaken each other, however, is not clearly answered by theory. That is why this question was in the focus of the study performed at Bonn University.
(Score: 0) by Anonymous Coward on Thursday October 22 2015, @05:33PM
This is one inane piece of ... whatever you call this sorta thing. So some wet-behind-the-ear management consultant will go around, citing this as a "scientific" research, to tell management to do x, y, z. Having paid fat sum for such uncanny wisdom, the management will cook up and pass down some obtuse policies for the worker bees to comply with, to be forgotten within six months, of course.
(Score: 0) by Anonymous Coward on Thursday October 22 2015, @07:12PM
(Score: 0) by Anonymous Coward on Thursday October 22 2015, @08:19PM
Dream on - it will be layoff, stock price jumps, and execs pocket fattened bonus.