Provide a balanced discussion on the use of incentives

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Question

Incentives are a great way to keep employees motivated. However, incentives that inspire high performance aren't always monetary. It is important to understand group profiles and what they look for in a job they deem satisfactory. Sometimes it's got a lot less to do with money than with personal gratification, growth, recognition and creative rewards. - Rosa Vargas, Authentic Resume Branding & Career Coaching Your best players probably aren't motivated by incentives. To keep people motivated, focus on improving the core aspects of the work and workplace. Are there opportunities for advancement, development and training? Is there a strong culture? Challenging work? Recognition programs? These workplace fundamentals will go further to motivate employees than an incentive program could. - Krista Neher, Boot Camp Digital

In light of the above two quotes, provide a balanced discussion on the use of incentives and money as a motivator, as opposed to the other type of benefits mentioned.

Reference no: EM132942940

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