What Gets Workers Working? [Archive.org URL]

It is a truism that firms can increase their profitability by motivating managers. However, research surprisingly reveals that increased pay and lower risk aversion are not necessarily motivating factors. So what are the major motivational drivers within organisations, and how can Human Resources identify and use them? In their working paper, “Managerial Motivation Dynamics and Incentives,” Ayse Kocabiyikoglu and Ioana Popescu investigate the drivers of managerial motivation, focusing on decisions taken by managers in response to a performance-based contract.

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