Intrinsic vs. Extrinsic Rewards
Does The Ends Always Justify The Means?
May 2015 Insights
I’ll be the first one to admit…it’s feels really good to jump on a scale and find myself to be 5lbs lighter after committing to a month of clean eating and consistent exercise. Undeniably, I get tremendous satisfaction when I rock a presentation and land myself a new client or two. Extrinsic rewards, those tangible benefits of a particular job or activity, which is external to the job itself are undoubtably highly motivating. But what about the power of intrinsic rewards, motivation we derive from an outcome that gives an individual personal satisfaction from a job well done. Such as the feelings of enjoyment, pride, security, strength, empowerment, and vitality. While extrinsic rewards can often provide us the push we need to enhance our lives in order to obtain a reward (i.e. more money, friendships, fitting into size 6 jeans) or avoid a punishment (i.e being fired, having high blood pressure, little to no fun & enjoyment in our lives), research indicates that the staying power is in the intrinsic rewards. (more…)