How Should I Incentivize My Team?

2023-06-27

In this episode, we dive into the limitations of traditional financial team incentives and explore alternative approaches that can foster creativity, collaboration, and long-term motivation. Discover the drawbacks of relying on bigger and bigger incentives and how they can create fleeting motivation that is tied solely to money, rather than meaning or purpose. Instead, we propose a shift towards incentives that are tied to growth opportunities, purpose-driven goals, and fostering a sense of teamwork. By aligning incentives with these factors, you can create an...

In this episode, we dive into the limitations of traditional financial team incentives and explore alternative approaches that can foster creativity, collaboration, and long-term motivation.

Discover the drawbacks of relying on bigger and bigger incentives and how they can create fleeting motivation that is tied solely to money, rather than meaning or purpose.

Instead, we propose a shift towards incentives that are tied to growth opportunities, purpose-driven goals, and fostering a sense of teamwork. By aligning incentives with these factors, you can create an environment that encourages innovation, collaboration, and sustained motivation among your team members.

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