Numerous studies have concluded that for people with satisfactory salaries, some nonfinancial motivators are more effective than extra cash in building long-term employee engagement in most sectors, job functions, and business contexts. Many financial rewards mainly generate short-term boosts of energy, which can have damaging unintended consequences. Continue reading
In his new book, Casey B. Mulligan explains how, in the matter of a few quarters of 2008 and 2009, new federal and state laws greatly enhanced the help given to the poor and unemployed – from expansion of food-stamp eligibility to enlargement of food-stamp benefits to payment of unemployment bonuses – sharply eroding (and, in some … Continue reading