Monday, January 7, 2013

How Incentive Structures Can Work in the Classroom As well As The Workplace

Incentive structures are controversial in both the classroom and workplace, but there is evidence they can work when implemented properly. Incentives are rewards that are given to students and employees for going above and beyond, and they can be used effectively to promote learning and business growth. They are especially useful for businesses during recessions. Here are a few reasons why incentive structures can work in both the classroom and workplace.

Incentives Can Promote Relationships

Incentives have gained a bad reputation because, if they aren’t used correctly, they can cause turmoil between students or employees. Individual incentive programs create a culture of competition among individuals. That’s fine, but it isn’t usually a great long-term strategy because, inevitably, some students or employees will be viewed as the “losers” of a particular incentive program. If you create a workplace competition for the most individual sales, employees could use immoral techniques to beat others, leading to resentment.

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