3 ms·
Because people prioritize their personal finances over company performance? That doesn't sound surprising to me. This is also relatively new and it takes time
by solidasparagus 7y ago
Because people prioritize their personal finances over company performance? That doesn't sound surprising to me.
This is also relatively new and it takes time for traditions to change. When it comes to the real world, you can clearly see this research in action, particularly in the world of software. There has been a shift from offering pure financial incentive (e.g. working in finance) towards more intrinsic rewards (mission-driven, autonomy, ownership, etc that most top-end software companies prioritize)
- goatinaboat 7y agomission-driven, autonomy, ownership, etc that most top-end software companies prioritize “Top-end software companies” like say Google? Once again you look at the real world and find that companies find a reliable means of attracting and retaining staff is high pay. What if you got paid your bonus not in cash but in paid time off? You could use that time for more self-actualisation. But (pretty much) zero companies offer it and no employees demonstrate a preference for it. In the real world money is what people want.
- solidasparagus 7y agoUh Google is one of the most obvious examples of a company spending a ton of money to boost the non-financial rewards of being an employee. In fact, Google is one of the best examples of this research being applied successfully in the real world... I don't think you have a very open mind in this discussion. People who aren't struggling to pay their bills prioritize things like autonomy, happiness and purpose above cash all the time.