Faculty of Economics and Business Administration Publications Database

The Effects of Financial and Recognition Incentives Across Work Contexts: The Role of Meaning

Authors:
Neckermann, Susanne
Yang, Xiaolan
Source:
ISSN-Print: 0095-2583
Link External Source: Online Version
Year: 2016
Abstract:

We manipulate workers’ perceived meaning of a job in a field experiment and interact meaning of work with both financial and recognition incentives. Results show that workers exert more effort when meaning is high. Money has a positive effect on performance that is independent of meaning. In contrast, meaning and recognition interact negatively. Our results provide new insights into the stability of incentive effects across important work contexts. They also suggest that meaning and worker recognition may operate via the same motivational channel.

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