{"id":50580,"date":"2016-11-20t05:00:28","date_gmt":"2016-11-20t10:00:28","guid":{"rendered":"https:\/\/48e130086c.nxcli.net\/?p=50580"},"modified":"2016-11-28t08:21:49","modified_gmt":"2016-11-28t13:21:49","slug":"compensation-motivate-performance","status":"publish","type":"post","link":"\/\/www.g005e.com\/2016\/11\/20\/compensation-motivate-performance\/","title":{"rendered":"does compensation motivate performance?"},"content":{"rendered":"

\"businesswoman<\/a>3 times it works well … and 2 times it doesn’t.<\/strong><\/p>\n

by marc rosenberg
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partner comp: art & science<\/i><\/a><\/p>\n

the harvard business review published an intriguing article on compensation titled “rethinking rewards” written by alfi kohn, who describes himself as a leading critic of competition.<\/p>\n

more on partner compensation:<\/b> why compensation and buyout plans must be synchronized<\/a> | how business entity type affects partner income<\/a> | paying for current vs. historical performance<\/a> | partner pay in retirement transition period<\/a> | how to pay non-equity partners<\/a> | 5 types of partner evaluations<\/a> | how large and small firms allocate income<\/a> | partner pay: recapping the compensation systems<\/a> | partner pay: the declining importance of book of business<\/a> | 3 non-performance-based comp systems<\/a> | 3 subjective compensation systems<\/a> | partner compensation 101 <\/a>| how partners view compensation: it\u2019s not all about the money<\/a>
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says kohn: \u201cit is difficult to overstate the extent to which most managers of people believe in the redemptive power of rewards. certainly, the vast majority \u00a0of \u00a0companies \u00a0try \u00a0to \u00a0motivate \u00a0employees by tying compensation to performance. but research suggests that, by and large, rewards succeed at securing one thing only: temporary compliance. they do not create an enduring commitment to any value or actions. a kick in the pants may produce movement but never motivation. rewards do not alter the attitudes that underlie our behaviors.\u201d
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