
Awards—widespread in the corporate sector and elsewhere—are motivators that derive their value from non-pecuniary concerns such as status and self-image. Quasi-experimental panel data from the call center of a large international bank allow us to estimate the causal impact on effort when receiving an award. The performance of winners proves to be significantly higher than that of comparable nonrecipients after the award has been presented. This increase in work effort is sizeable and robust. We investigate the various theories that could explain the change in behavior. We find that image concerns most likely drive the effect.
Motivation, Awards, 330, ddc:330, J33, M52, Insider Econometrics, 330 Economics, Awards, motivation, non-monetary compensation, insider econometrics, 10007 Department of Economics, IEW Institute for Empirical Research in Economics (former), Incentives, Event-Study, Awards; Motivation; Non-monetary Compensation; Event-Study; Incentives, Non-monetary Compensation, Awards,Motivation,Non-monetary Compensation,Insider Econometrics, Awards; Motivation; Non-monetary Compensation; Insider Econometrics, C23, jel: jel:C23, jel: jel:J33, jel: jel:M52
Motivation, Awards, 330, ddc:330, J33, M52, Insider Econometrics, 330 Economics, Awards, motivation, non-monetary compensation, insider econometrics, 10007 Department of Economics, IEW Institute for Empirical Research in Economics (former), Incentives, Event-Study, Awards; Motivation; Non-monetary Compensation; Event-Study; Incentives, Non-monetary Compensation, Awards,Motivation,Non-monetary Compensation,Insider Econometrics, Awards; Motivation; Non-monetary Compensation; Insider Econometrics, C23, jel: jel:C23, jel: jel:J33, jel: jel:M52
| selected citations These citations are derived from selected sources. This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | 67 | |
| popularity This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network. | Top 10% | |
| influence This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically). | Top 10% | |
| impulse This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network. | Top 10% |
