Saturday, May 29, 2010

Purpose Still Wins the Day


This is a scintillating economic study which unveils two findings:
1) Financial reward works when commensurate with "simple, straightforward tasks" (i.e., non-cognitive).
2) It doesn't work at all when the work involves cognitive tasks (conceptualization), even to the point where higher rewards negatively correlate with job output; i.e., the higher the reward, the lower the job performance.

Conclusion: there is a place for purpose and meaning in work which transcends simple stimulus-reward contingencies.

Quite a kick in the pants for unmitigated capitalism and self-interest, which is always good when ideological egos of its hucksters have inflated to the size they are. This could explain quite well why I'm working on a two year degree so I can make $12,000 less than the average Bachelor's degree salary. Just sayin'.

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