INCENTIVES.. do they really work?

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INCENTIVES.. do they really work?

While they seem to be good “motivation” tools, incentives (or extrinsic rewards) are really just superficial, temporary motivators, and do not really make a huge difference in performance or productivity.

Emotionally meaningful experiences (intrinsic rewards), things that make us feel good just by doing them, the reality/actual experience of improvement are so much more meaningful and can have a positive long term effect on us. An effort coming from the heart, from inside people is much more powerful than couple dollars or concert tickets added to a salary. However, many companies fail to see the substantial difference and affect of these rewards on employees & their performance/productivity.