Corporate Philanthropy Increases Workers' Productivity
Tuesday, January 6, 2015
According to a U.K. study, when workers are given a social incentive such as a charitable donation linked to their job, their performance increased by an average of 13 per cent. (For employees initially rated as least productive, the gains were as much as 30 per cent.) The most increased performance resulted from allowing participants to choose how much of their performance-related pay they would opt to share with a charity, and how much they would keep.