Some companies reward employees for exceptional work by giving them extra money


WRITING TASK 2

You should spend about 40 minutes on this task.

Present a written argument or case to an educated reader with no specialist knowledge.

Write about the following topic:

Some companies reward employees for exceptional work by giving them extra money. Is this a good way of encouraging employees to work hard?

Give reasons for your answer and include any relevant examples from your own knowledge or experience.

Write at least 250 words.


Sample Answer:

In today’s competitive business world, companies are constantly seeking ways to motivate their employees to perform at their best. One common method used by many organizations is to reward exceptional work with extra money. While this approach may seem like a straightforward way to encourage employees to work hard, it is important to consider whether it is truly effective in the long run.

On the surface, offering financial incentives for outstanding performance may seem like a good way to motivate employees. After all, who wouldn’t be motivated by the prospect of earning extra money for doing a great job? In the short term, this approach may indeed lead to an increase in productivity as employees strive to earn these rewards. However, there are several drawbacks to relying solely on financial incentives to encourage hard work.

Firstly, the effectiveness of financial rewards as a motivator can diminish over time. Once employees become accustomed to receiving extra money for exceptional work, it may no longer serve as a strong incentive. This can lead to a decline in motivation and a decrease in overall performance. Additionally, relying solely on monetary rewards can create a competitive work environment where employees are solely focused on individual gain rather than working collaboratively towards the success of the company as a whole.

Furthermore, offering financial incentives for exceptional work can also create disparities among employees. Those who consistently receive these rewards may become demotivated if they see others being rewarded for similar or lesser efforts. This can lead to feelings of unfairness and resentment within the team, ultimately impacting morale and productivity.

Instead of relying solely on financial incentives, companies should consider implementing a more holistic approach to motivating employees. This can include providing opportunities for professional development, offering recognition and praise for exceptional work, and creating a positive work environment that fosters a sense of belonging and purpose. By focusing on these aspects, companies can create a more sustainable and effective way of encouraging employees to work hard and perform at their best.

In conclusion, while offering financial rewards for exceptional work may initially motivate employees, it is not a sustainable or effective long-term strategy. Companies should instead focus on creating a work culture that values and supports their employees in various ways, ultimately leading to a more motivated and engaged workforce.


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