Employee recognition programs can reduce firm-level productivity
Tuesday, March 15, 2016 - 17:50
in Mathematics & Economics
More than 80 percent of companies use award programs like "Employee of the Month" and "Top Sales Club" to motivate employees and increase performance. While the conventional wisdom is that such awards are cheap and can provide a subtle way to motivate employees, these programs might be reducing firms' overall productivity, according to a new study led by a researcher at the University of California, Riverside.