54: People are more Motivated by Intrinsic Rewards than Extrinsic Rewards

54: People are more Motivated by Intrinsic Rewards than Extrinsic Rewards

1. Contingent Rewards: rewards given based on a specific behaviour that is explained ahead of time.

   • These types of rewards result in less of desired behaviour if the reward is not repeated again.
     • Don't assume money or other extrinsic rewards are the best
       • Instead look for intrinsic rewards
         • If what you're designing allows people to connect with other people, then they will want to use it.
       • If you do use an extrinsic reward, make it unexpected

2. Intrinsic rewards include things such as: personal achievement, professional growth, sense of pleasure and accomplishment.

   • Extrinsic motivation is based on tangible rewards, is external to the individual and is typically offered by a supervisor or manager.