Name: HOW BONUSES ARE DETRIMENTAL TO ORGANIZATIONS (and What You Can Do Instead)
Start: 2025-02-06T17:30:00-08:00
End: 2025-02-06T20:30:00-08:00
Location: voco Laguna Hills

HOW BONUSES ARE DETRIMENTAL TO ORGANIZATIONS (and What You Can Do Instead)

Learn how bonuses harm motivation and culture, and explore better strategies for lasting engagement and organizational success
About this Event

In the lecture, ‘How Bonuses are Detrimental to Organizations’, Dr. Jan Jaffer, challenges the traditional belief that bonuses are effective motivators for employees. Through extensive research and case studies, he explores the unintended consequences of bonus systems, including fostering a short-term mindset, diminishing intrinsic motivation, and creating unhealthy competition within teams. Attendees will gain a fresh perspective on incentivization strategies and learn alternative approaches to cultivate a more engaged and sustainable organizational culture.

COURSE OBJECTIVES

1. Recognize the drawbacks of bonus systems and understand how they can negatively affect employee motivation, performance, and well-being.

2. Compare and contrast different types of incentives and their impact on organizational culture and outcomes.

3. Design and implement more effective and ethical incentivization strategies that align with the organization’s vision, values, and goals.