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#43: When financial incentives don’t work

#43: When financial incentives don’t work

<p>Does money motivate you? For most of us, we’d probably say yes. We work 9-5, five days a week for money. We can’t live without it. It’s normal to think that money therefore is the ultimate motivation. If you want someone to do something just pay them, right? My guest today, Dr Michael Hallsworth managing director of the BIT North American unit shares a different point of view.</p> <p><a href="https://www.amazon.co.uk/Behavioral-Insights-Press-Essential-Knowledge/dp/0262539403"><u><strong>Michael’s book Behavioral Insights: </strong></u></a><a href="//www.amazon.co.uk/Behavioral-Insights-Press-Essential-Knowledge/dp/0262539403">www.amazon.co.uk/Behavioral-Insights-Press-Essential-Knowledge/dp/0262539403</a></p> <p><a href="https://www.nudgepodcast.com/mailing-list"><u><strong>Sign up to the Nudge Mailing list:</strong></u></a><strong> </strong><a href="https://www.nudgepodcast.com/mailing-list"><u><strong>www.nudgepodcast.com/mailing-list</strong></u></a></p>

Nudge

November 16, 202022m 11s

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Show Notes

Does money motivate you? For most of us, we’d probably say yes. We work 9-5, five days a week for money. We can’t live without it. It’s normal to think that money therefore is the ultimate motivation. If you want someone to do something just pay them, right? My guest today, Dr Michael Hallsworth managing director of the BIT North American unit shares a different point of view.

Michael’s book Behavioral Insights: www.amazon.co.uk/Behavioral-Insights-Press-Essential-Knowledge/dp/0262539403

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