Nonmonetary Incentives and the Implications of Work as a Source of Meaning

  title={Nonmonetary Incentives and the Implications of Work as a Source of Meaning},
  author={Lea Cassar and Stephan Meier},
  journal={Journal of Economic Perspectives},
Empirical research in economics has begun to explore the idea that workers care about nonmonetary aspects of work. An increasing number of economic studies using survey and experimental methods have shown that nonmonetary incentives and nonpecuniary aspects of one’s job have substantial impacts on job satisfaction, productivity, and labor supply. By drawing on this evidence and relating it to the literature in psychology, this paper argues that work represents much more than simply earning an… 

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