Originally posted by Mindship
How was this research done? Forced choice format? "Which would you rather have: blah-blah-blah or yada-yada-yada?" It is not uncommon, in such research formats, for people to consciously/unconsciously pick the socially "more appealing" option, whether it's true or not. Eg, while most people would really like the extra $$$, many might respond they'd prefer the praise so they seem somehow "more honorable" or "less greedy."
No idea how it was actually conducted because it shows up in several of the books, with an in-text reference to the research with a footnote or end note that cites the actual study/studies. I am the type to not follow-up on such things. I cannot be bothered. 😠
But looking up the methods would be a good idea...actually.
Originally posted by Impediment
I don't quite understand the question. Will you rephrase, please?
Would you rather them give you a bonus, on a check, by splitting up the cost of the company picnic across all the employees or would you rather them spend the money?
For instance, my father's former company threw an annual picnic. It costed the organization $2,000,000 a year to rent a park, buy the food, and supply the tickets to all the employees. There was a total of 8000 employees. If they were to bonus their employees for the cost of the picnic, per employee, instead of spending it on a picnic, it would directly cost the organization $250 per person, assuming they had exactly 8000 employees. That's a bonus.
That does not sound like much but it would save the company quite a bit in indirect costs (the picnics have many man hours spent in planning and coordination which makes the actual costs significantly higher than a direct $2,000,000).
This company tried to reduce the costs of this annual picnic by polling the employees and getting a firm headcount. This did not always work out either because sometimes employees have things come up and cannot make the picnic: they forgot, had an emergency, wanted the company to pay for it but knew they were not going (there are more of these types than you would think), or the weather was not favorable to them.
So, yeah, I would prefer the bonus. $250 is actually more value than the cost of the company picnic. At the amusement park that organization rented, it was $20, per person, per ticket. A family of four would pay $80. One meal, per person, costs around $10 per person. So that's $120, total value, for an employee to go to the picnic. Not to mention the money that the person would spend above and beyond (like souvenirs and the like). So, the value for the employee is much much greater if they just take the bonus. They also save on gas and having to walk several miles in the hot summer sun while their children slowly descend into grumpy maelstroms. $250 to save all that money and avoid all that hassle. Sounds like a bargain.
Originally posted by Impediment
Personally, if it means a pay raise for me, then I would absolutely do extra work for more money. The meat of my pay check is made form overtime and per diem, not to mention that my work isn't TOO strenuous to tackle extra. I'd gladly x-ray more welds and do other NDT for a 25% raise!
Yeah, me too. Most definitely. For me, it is an easy decision. But some people do not handle stress very well and it spills over into their personal life quite readily. I would not advise those types take a deal like that.
Originally posted by Impediment
We have safety meeting roughly every 60 days and I have an excellent relationship with my three bosses (branch manager, radiation safety officer, and dispatch manager) all of whom I get along with splendidly.However, since I'm a whore and want money, I would rather them ignore me and just give me an annual raise every year.
I'm not so shallow and needy that I need a compliment from my managers to boost my morale; I know what the f*ck I'm capable of.
Again, we agree. My morale is boosted more by an annual raise that directly correlates to my performance rather than empty words. I already know if I am doing a good job or a bad job. I am much more critical of my work than most others are. So I do not need a compliment to "get me through the day" like others. Some people need that, though. They crave positive reinforcement. If they do not get it, their morale drops quite steadily.