BlogTags - Behavioural economics

Gamification: How to Match your Organizational Goals to an Employee’s Personal Goals

28 September, 2022

Gamification: How to Match your Organizational Goals to an Employee’s Personal Goals

As human beings, we enjoy the excitement and sheer gratification that comes from playing games- be it board games with family or virtual contests with colleagues. The idea of participating in a competition where it’s…

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Using Positive Reinforcement to Boost Organizational Values

17 September, 2021

Using Positive Reinforcement to Boost Organizational Values

Positive reinforcement is a time-tested behavior modification technique that has been known to promote desirable behavior, especially among young adults and learners. It is based on the concept of operant conditioning in psychology- which dictates…

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Create an Effective Employee Rewards Program Using the Halo Effect

25 August, 2020

Create an Effective Employee Rewards Program Using the Halo Effect

The term ‘Halo Effect’ was first coined by a psychologist named Edward Thorndike in 1920. However, it was later popularized by neuroscientists and psychologists, striving to understand the hidden cognitive phenomenon influencing the behavior of…

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How Emotional Stamps Influence Employee Engagement & Retention

23 July, 2020

How Emotional Stamps Influence Employee Engagement & Retention

In the previous introductory blog, we had discussed the significance of Behavioral Economics in creating a scientific framework for employee engagement, total rewards and recognition frameworks. Multiple psychological factors are at play when employees think…

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