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Bonuses boost performance 10 times more than merit raises

12-08-2006 · EurekAlert!

Giving a 1 percent raise boosts performance by roughly 2 percent, but offering that same money instead in the form of a bonus for a job well done should improve job performance by almost 20 percent, finds a new Cornell study.

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Keywords: bonuses, boost, performance, times, merit, raises, bonuse, time, raise

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