End-of-Year Bonuses; Some Parting Words

12/15/2010 Aubrey Daniels, Ph.D. Incentives

As the end-of-year bonus season approaches, remember the words of Thomas Gilbert, who said,

Money is a beautifully honed instrument for recognizing and creating worthy performance. It is the principal tool for supplying incentives for competence and therefore deserves great respect. Any frivolous use of money weakens its power to promote human capital - the true wealth of nations.

I have written in-depth recently on the subject in this blog so for more go to What was Google thinking?! (post about the surprise $1,000 cash bonus and 10% raise) and in an article for the Harvard Business Review Blog, How to Navigate Bonus Season.

Posted by Aubrey Daniels, Ph.D.

Aubrey is a thought leader and expert on management, leadership, safety and workplace issues. For the past 40 years, he has been dedicated to helping people and organizations apply the laws of human behavior to optimize performance.