Quotes About Incentives

It is human nature to be shortsighted and to lose momentum to make changes once the story is out of the headlines and there aren't financial incentives or political rewards. We owe to ourselves to learn from the past so we can try to do better.

When a state offers your company an attractive package of incentives to relocate, you have to look at it, and if it significantly boosts your bottom line, you have to take it or answer to your investors.

I embrace a Green New Deal; I just think we have to have public-private partnerships if we're going to get there. We have to align the environmental incentives with the financial incentives.

Pay-for-procedure or fee-for-service reimbursement rewards doctors and hospitals for volume - not keeping patients healthy or being efficiency. Pay-for-Performance is clearly one tool that can change the incentives to reward quality.

Since too few Americans go to the polls, I say what this country needs is a bobblehead election, where voters will get free bobblehead dolls of their choice when they show up and vote for president.

Federal employees are not rewarded for performance or excellence or results but, rather, for showing up, and often times, they don't even do that.

I'm actually interested in poor behavior. I'm interested in what drives people to poor behavior.

It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own self-interest. We address ourselves not to their humanity but to their self-love, and never talk to them of our own necessities, but of their advantages

person who grows up getting too frequent rewards will not have persistence, because they'll quit when the rewards disappear.

Private business enterprise requires and rewards stupid employees,not smart ones.

One of the great constraints on economic growth and employment is that the tax and benefits system has grown up over generations and does not give the right incentives. Increasing the minimum wage does not solve this problem.

Firms are not always willing to cut wages, even if there are people lined up outside the gates to work. So why don't they?

In a free market, businesses compete for customers by keeping prices down and for labor by keeping wages up.

If you have a bonus scheme that is so complicated or so sensitive that you can't tell people what it is, then you shouldn't be doing it.

History shows that it's not smart for states to pay more to get jobs; you just get into the race to the bottom.

If your kids attend school and grades are up that will make $1,000 contributions to some 10,000 kids across the country, are challenging kids to learn foreign languages or challenging kids to get summer jobs or seek summer enrichment opportunities?

a handful of decisions that only the board can make: the decisions to select, retain, or dismiss the chief executive; to establish a climate of ethics and integrity; to set the goals and incentives for the executive team; and to pinpoint the company's central idea, risk appetite, and capital structure.

Individuals can often be better motivated by intrinsic rewards—by the satisfaction of doing a job well—than by extrinsic rewards (money).

For the billionaire looking for the extra billion, and indeed for the participant in an experimental economics project looking for the extra dollar, money is a proxy for points on a scale of self-regard and achievement. These rewards and punishments, promises and threats, are all in our heads.

I was telling them about an important principle of skill training: rewards for improved performance work better than punishment of mistakes.

important principle of skill training: rewards for improved performance work better than punishment of mistakes.

rewards for improved performance work better than punishment of mistakes. This proposition is supported by much evidence from research on pigeons, rats, humans, and other animals.

rewards for improved performance work better than punishment of mistakes.

people and firms reward the providers of dangerously misleading information more than they reward truth tellers.