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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: 2) by PizzaRollPlinkett on Thursday October 22 2015, @07:45PM
The idea that anyone would believe anything an executive would tell them, let alone be motivated to work harder for less money, is astounding. Of course execs would manipulate you to work for below market value any way they could. That's their job. You must not have met the same executives I've met. Maybe German executives are different than American ones? You can't possibly generalize this study to the whole world.
(E-mail me if you want a pizza roll!)
(Score: 1) by nitehawk214 on Thursday October 22 2015, @08:57PM
I believe German executives are not quite so absurdly overpaid as American ones. Perhaps this means they are less likely to delude themselves into thinking they are acting in the employee's best interest. Or perhaps that comes with a German mentality.
"Don't you ever miss the days when you used to be nostalgic?" -Loiosh
(Score: 1) by WillAdams on Monday October 26 2015, @04:20PM
The big thing for pay is the ``pay slope'' --- one company which takes this seriously (and promotes only from w/in) is Lee-Valley:
http://www.theglobeandmail.com/news/national/time-to-lead/how-one-company-levels-the-pay-slope-of-executives-and-workers/article15472738/ [theglobeandmail.com]
Keep the pay slope below 22--1 and any pay is likely to be perceived as fair --- let it exceed that, and employees see the contract as organized theft.
(Score: 2) by el_oscuro on Saturday October 24 2015, @02:21AM
Obligatory:
http://despair.com/collections/demotivators/products/motivation [despair.com]
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