The stress we take on at work now will surely pay off in retirement, right? Well, brace yourself.
It turns out there's quite a bit of cognitive dissonance impairing our understanding of motivation and happiness. Duke University's Professor Dan Ariely fills in the gaps.
Motivation is a mysterious mechanism. It exists within all of us, but lays dormant unless unlocked. The 'how' is the difficult part, something business and individuals struggle with to varying degrees. Behavioral economist Dan Ariely has found that there’s a dissonance between what we think motivates people and what actually does. The most simple formula for motivation, and the one we reach for the most often, is that money = motivation. Luxury rewards are a powerful idea, but are they really what drive us?