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An Academic Take on Delayed vs. Immediate Rewards

Author: 
Sarah Mulcahy
Publication date:
August 21, 2018
Article Summary: 

The article discusses the difference between intrinsic and extrinsic motivation and the impact of immediate versus delayed rewards on employees' intrinsic motivation. The research finds that immediate rewards increase intrinsic motivation, leading to enhanced interest and enjoyment of work. It suggests that delivering smaller rewards more immediately throughout the year can be more effective than one large annual bonus. The article also briefly discusses the role of immediate versus delayed feedback on intrinsic motivation and the implications of the research on team-based, collaborative work.

Keywords: 

intrinsic motivation, extrinsic motivation, immediate rewards, delayed rewards, annual bonus, feedback, team-based work.

Source Citation: 
Sarah Mulcahy
An Academic Take on Delayed vs. Immediate Rewards
August 21, 2018
https://www.workhuman.com/blog/delayed-vs-immediate-rewards/
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