Podcast
Questions and Answers
What is the primary reason Drew chooses to reward Rufus over Wanda?
What is the primary reason Drew chooses to reward Rufus over Wanda?
How does Joan adjust her strategy to earn rewards?
How does Joan adjust her strategy to earn rewards?
What is the main criticism of the principal's method for selecting representatives for the retreat?
What is the main criticism of the principal's method for selecting representatives for the retreat?
What sentiment does the author express regarding the perception of equality among team members?
What sentiment does the author express regarding the perception of equality among team members?
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What lesson is implied about competition for coveted perks within an organization?
What lesson is implied about competition for coveted perks within an organization?
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In the context provided, what could be considered the best characteristic of a 'Runner'?
In the context provided, what could be considered the best characteristic of a 'Runner'?
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What does the author imply about the importance of selecting top performers for key opportunities?
What does the author imply about the importance of selecting top performers for key opportunities?
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Which of the following statements best captures the author's philosophy regarding rewards?
Which of the following statements best captures the author's philosophy regarding rewards?
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What attitude should one strive for when interacting with colleagues?
What attitude should one strive for when interacting with colleagues?
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According to the content, why do most people hesitate to support Runners?
According to the content, why do most people hesitate to support Runners?
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What is a key benefit of supporting the Runners in your organization?
What is a key benefit of supporting the Runners in your organization?
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How can an individual earn a perk for themselves, according to the content?
How can an individual earn a perk for themselves, according to the content?
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What misconception do people often have about supporting Runners?
What misconception do people often have about supporting Runners?
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What does the content imply about Runners in a workplace?
What does the content imply about Runners in a workplace?
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What mindset is encouraged towards Runners to foster a healthier workplace environment?
What mindset is encouraged towards Runners to foster a healthier workplace environment?
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Study Notes
Reward Systems
- Rewards should be based on performance, not longevity
- High performers deserve recognition
- Don't expect equal access to rewards even if you are working hard
- Example of a lottery system for an educational retreat at NCCAT
- Lottery system doesn't reward high achievers
- Support high performers in your organization, as their success benefits everyone
- Don't compete with high performers for rewards if you aren't a high performer
- Focus on improving your performance to increase your chances of earning a reward
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Description
Explore effective reward systems that prioritize performance over longevity in the workplace. This quiz covers the importance of recognizing high achievers and the implications of lottery-based reward systems. Learn how supporting high performers can benefit your organization as a whole.