Is Gina Rinehart right about cash bonuses?

Australia’s richest person and long time supporter of Australian Swimming Gina Rinehart has been offering cash bonuses for Aussie swimmers at the Commonwealth games, $20,000 for a gold medal! It can be a nice to have after a huge challenge or a drawcard to make people work harder, but there can be a danger to motivating your team with extra dollars. So, Is Gina Rinehart right, do cash bonuses work? What actually motivates us? Lisa digs into the world of motivation and incentives to try and figure out what works for us and how you can motivate people without alienating them. Stacey Parker's co-authored article on compensation and design for Motivation Science Mark Puncher's work sheet on connection with work Guests: Dr Stacey Parker - Associate Professor and endorsed Organisational Psychologist at the University of Queensland's School of Psychology Mark Puncher - CEO of Employer Branding Australia ========== You can binge more episodes of the This Working Life podcast with your on the job correspondent Lisa Leong on the ABC listen app (Australia) or wherever you get your podcasts. Please email us at [email protected] if you would like to get in touch, we read them all and love hearing from you!