63 per cent felt their bonus scheme was ineffective in improving workplace performance
The Founders' Awards aren't really a "bonus scheme", but more like a Nobel Prize (which may or may not be a good way to motivate "knowledge workers"). Regarding intrinsic/extrinsic motivation, I can't help but feel it's oversimplifying things: where does social recognition fall? I'd need to think a bit about it before having a coherent answer.
The Founders' Awards aren't really a "bonus scheme", but more like a Nobel Prize (which may or may not be a good way to motivate "knowledge workers"). Regarding intrinsic/extrinsic motivation, I can't help but feel it's oversimplifying things: where does social recognition fall? I'd need to think a bit about it before having a coherent answer.