10 Reasons to Trash Cash

“The main problem with cash is that once it is taken away, it feels like a cut in pay.” That's Louise Anderson's take on cash incentives, and she should know, as president of Anderson Performance Improvement Co., Hastings, Minn. Rather than cash, she advocates a system in which employees receive “e-points” redeemable for a variety of awards, from sports gear to home entertainment equipment.

Here is why cash incentives don't work, according to

Register to view the full article

Register for MeetingsNet.com and gain access to premium content including the CMI 25 Listing, our monthly digital edition, the MeetingsNet app, live and on-demand webinars, and much more.

Already a member? .

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish