Coll Sci Pap V5

Coll Sci Pap V5
Author: Paul Anthony Samuelson
Publisher: MIT Press
Total Pages: 1074
Release: 1986
Genre: Economics
ISBN: 9780262192514

The col. scient. pap. P.A. Samuelson /Ed. R.C. Merton.-v.5.

Honours Versus Money

Honours Versus Money
Author: Bruno S. Frey
Publisher: Oxford University Press
Total Pages: 144
Release: 2017
Genre: Business & Economics
ISBN: 0198798504

Honours fulfil one of the most fundamental desires of human beings, namely, to be recognised and held in esteem by others. There are thousands of awards in all areas of society: the state, arts and media, sports, religion, the voluntary sector, academia, and business. Awards are well visible, can raise the recipients' intrinsic motivation and creativity, and establish a bond of loyalty to the giver. They have distinct advantages over money and other rewards. Presenting empirical evidence using modern statistical techniques Honours versus Money argues that awards can significantly raise performance in different contexts even if they are purely symbolic, recommending how this can be used in practice. It makes the case for reorienting our focus- away from the monetary or material dimensions of work and private life, and towards the symbolic dimensions to celebrate and shine a light on merit and achievement. Honours versus Money discusses award bestowals in their different forms and facets, including as signals and as components of organisations' human resource strategies. It opens our perspective for motivational strategies beyond money, while also outlining their potential pitfalls.