"People work for money but go the extra mile for recognition, praise and rewards." ― Dale Carnegie
That’s according to a new study conducted by management experts at Rice University, Tulane University, the University of North Carolina at Greensboro and National Taiwan Normal University. It is the first study to closely examine the effects of reward choice in a field experiment, which was conducted in the context of an organization-wide suggestion program.
“Organizations spend a lot of resources and exert a great deal of effort in designing incentive schemes that reward the employees who exhibit creativity at work,” said co-author Jing Zhou, the Mary Gibbs Jones Professor of Management and Psychology at Rice’s Jones Graduate School of Business.
“Our results showed that the effort may be a bit misplaced. Instead of discovering one reward type that is particularly effective at promoting creativity, what is more effective is to provide the employees with the opportunity to choose from several reward types, if they submit one or more ideas that are among the top 20% most creative ones.”
The researchers also found that the choice of rewards fostered creativity by raising the employees’ belief in their ability to be creative. Alternative rewards also had a powerful impact on boosting the creativity of employees who earlier had scored high on an assessment of creative personality characteristics.
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“To win in the marketplace you must first win in the workplace.” ― Doug Conant
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