Discovery Projects - Grant ID: DP220102946

Funding Activity

Website
http://dataportal.arc.gov.au/NCGP/Web/Grant/Grant/DP220102946

Funding Status
Active

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Funded Activity Summary

To use or not to use financial incentives for motivation and performance. For decades, compensation experts have advocated for the use of financial incentives to motivate work performance, yet organisations keep encountering performance issues caused by these incentives. Using agency, expectancy, and self-determination theory to inform a meta-analysis and a series of experiments, this research will help uncover the most important motivational mechanisms that explain how financial incentives influence different types of performance. Given that compensation accounts for an important proportion of an organisation's operating expenses and that employee engagement is on the decline around the world, this research will provide a strong empirical basis to develop more effective compensation systems.

Funded Activity Details

Start Date: 01-03-2022

End Date: 28-02-2026

Funding Scheme: Discovery Projects

Funding Amount: $247,545.00

Funder: Australian Research Council

Research Topics

ANZSRC Field of Research (FoR)

Industrial and Organisational Psychology | Human Resources Management | Psychology | Organisational Behaviour |

ANZSRC Socio-Economic Objective (SEO)

Productivity (excl. Public Sector) | Workplace and Organisational Ethics

Other Keywords

Human Resources Management | Industrial and Organisational Psychology | Organisational Behaviour | Productivity (excl. Public Sector) | Psychology | Workplace and Organisational Ethics

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