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02/20/2014

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It gets even more complicated when you realize you can even have short-term recognition programs and long-term cash incentive plans. Recognition systems have great advantages over cash plans, however, since it is generally socially unacceptable to brag about money but a spotlight of fame is fine. But you can't buy groceries with psychological income. Decoupling a reward from cash has positives as well as negatives.

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