You may laugh, but there is actually research showing people are motivated by recognition more than money. Sure, you need so much money to live. But really we w

You may laugh, but there is actually research showing people are motivated by recognition more than money. Sure, you need so much money to live. But really we want to be recognized by our peers. Dan Ariely has a short podcast titled "Why peer recognition is worth more than monetary compensation" where he talked with economist Bruno Frey. He has a number of papers on motivating people with awards and prizes. http://www.bsfrey.ch/articles.html#f http://www.bsfrey.ch/articles.html#f