Monetary incentives usually have no place in goal-setting programs and there is no evidence that money can improve performance.

Question

Quizplus · Accepted Answer

There is evidence that monetary incentives can improve performance, particularly for tasks that are simple and repetitive. However, they may not be effective for more complex tasks or for promoting long-term motivation and engagement. Whether or not to use monetary incentives in goal-setting programs depends on the specific context and goals of the program.

Monetary Incentives Usually Have No Place in Goal-Setting Programs and There