Rewards and pay

Pay plays a unique role in motivating employees. While intrinsic motivation is critical for engagement, pay remains a fundamental component of work life. However, the type and perception of pay can significantly impact performance and motivation. In this lesson, we’ll explore how rewards and pay can either enhance or diminish motivation, the dangers of outcome-based pay, and the importance of fairness and autonomy in compensation strategies. You’ll leave with actionable insights to design pay structures that drive performance without undermining intrinsic motivation.