A Comparison of the Results only Work Environment and the Rewards and Punishment System Working Conditions

Abstract

The majority of us work in settings where incentive comes mostly in the form of “sticks and carrots”: If you do well, you will be rewarded, but if you perform poorly, you will be penalized. There have always been discussions over this traditional approach to encouraging individuals, which many believe causes more harm to them than good. We conducted a survey on more than 50 corporate employees and employers with the goal of evaluating the effectiveness or dare we say the ineffectiveness, of the conventional reward and punishment system while also shedding light on a new system that may prove to be revolutionary and change the way that we run our businesses in the future.