http://ljdavis.biz/blog Analyze, Accelerate, Achieve - Training and Performance Improvement in action. Wed, 17 Sep 2008 13:24:43 +0000 http://wordpress.org/?v=2.9.2 hourly 1 http://ljdavis.biz/blog/?p=6&cpage=1#comment-434 Alexis Y. Lee Wed, 17 Sep 2008 13:24:43 +0000 http://ljdavis.biz/blog/?p=6#comment-434 I agree with your perspective. In today's economy, money is a motivator no matter which way you look at it. Your organization pays you to work. Compensation, in whatever form, is recognition for the effort put forth, but which one is the most satisfying? There is a distinction between bonus and incentive and employees should understand how their performance is linked to a reward. The bonus speaks to the organizations performance as a whole. The incentive represents individual performance. When an employee receives an incentive, it allows the person to put a value on their individual contribution to the organization and increases their motivation to perform. I agree with your perspective. In today’s economy, money is a motivator no matter which way you look at it. Your organization pays you to work. Compensation, in whatever form, is recognition for the effort put forth, but which one is the most satisfying? There is a distinction between bonus and incentive and employees should understand how their performance is linked to a reward. The bonus speaks to the organizations performance as a whole. The incentive represents individual performance. When an employee receives an incentive, it allows the person to put a value on their individual contribution to the organization and increases their motivation to perform.

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