Merit Money – A Smarter Bonus System

Merit Money – A Smarter Bonus System

The companies I have worked before had either no bonus system or it sucked. It created an ill environment of envy and harmed the company culture. The main problem was that they were designed after the traditional “if … then” reward systems. But since Daniel Pinks great book “Drive”, we know that these rewards don’t work, or can even have the opposite effect we want. (watch this video if you don’t know what I am talking about). So, what shall we do? Giving no bonus? Basically I think that is fine and I felt always motivated even without seeing the bonus on the horizon. On the other hand, it’s a […]