What Really Makes People Work Hard?

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Bloomberg Originals

Bloomberg Originals

9 жыл бұрын

May 18 -- Duke University Professor of Behavioral Economics Dan Ariely discusses the science of incentives. President and CEO of BBDO Worldwide Andrew Robertson also speaks on “Market Makers.”
-- Subscribe to Bloomberg on KZbin: / bloomberg
Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas that move the markets.

Пікірлер: 197
@fakeapplestore4710
@fakeapplestore4710 7 жыл бұрын
I wish the reporters would stop interrupting.
@yairvsync
@yairvsync 7 жыл бұрын
They are trying to validate (in vain) their worthless existence on earth
@VladTokarev
@VladTokarev 7 жыл бұрын
Agreed, so annoying.
@siyuz8187
@siyuz8187 6 жыл бұрын
The female ignorant one is just annoying, showing us not only the blonds are brainless.
@gabrielaponte6403
@gabrielaponte6403 5 жыл бұрын
facts nobody gives a fuck what some dumb reporter gotta say
@krislv9219
@krislv9219 2 жыл бұрын
The woman especially was so loud
@lydianinelle
@lydianinelle 7 жыл бұрын
Reason drives to conclusion. Emotion drives behavior.
@denisdaly1708
@denisdaly1708 6 жыл бұрын
Lydia Ninelle you mean emotion drives conclusions, and so we have wrong intuition and poor decisions.
@siddhartha5186
@siddhartha5186 5 жыл бұрын
what does it mean !!
@TulioRibeiroAnjos
@TulioRibeiroAnjos 5 жыл бұрын
@@siddhartha5186 If you think really hard, you figure something out. If you feel feelings, you act differently depending on what you feel. What he means is that emotion is the primary driver of behavior, not brains.
@siddhartha5186
@siddhartha5186 5 жыл бұрын
@@TulioRibeiroAnjos thank you
@TulioRibeiroAnjos
@TulioRibeiroAnjos 5 жыл бұрын
@@blakejohnson3864 Definitely behavior. I have no doubts about it.
@jimbig3997
@jimbig3997 5 жыл бұрын
What motivates me is knowing someone out there somewhere appreciates it. Also, not letting anyone down around me. That's about it. Money means nothing when it doesn't change my life in any significant way. However, it can mean something when I turn around and give it to someone who does appreciate/need it more than I do.
@lukedavis6711
@lukedavis6711 5 жыл бұрын
That's exactly how I am.
@JonathanJustin_Live
@JonathanJustin_Live Жыл бұрын
❤100%
@caliprime3260
@caliprime3260 9 ай бұрын
I hope you can grow to a place where you don’t need other people for you motivation friend. I know your intentions are well, but that is a hard life to put yourself through for a lifetime.
@sarthakagrawal2052
@sarthakagrawal2052 7 жыл бұрын
actual reason mentioned at 4:27
@rajahawa6888
@rajahawa6888 5 жыл бұрын
Thanks man
@funguy29
@funguy29 5 жыл бұрын
Cheers! Savior of time.
@patricksoon85
@patricksoon85 5 жыл бұрын
Thank you.
@gains5732
@gains5732 5 жыл бұрын
Thanks
@martinnhantran
@martinnhantran 2 жыл бұрын
Thanks
@ashishkovuri3572
@ashishkovuri3572 5 жыл бұрын
Reason drives to conclusion and emotion drives behaviour. This is fantastic observation.
@abnnab1648
@abnnab1648 5 жыл бұрын
Awesome
@kshinji
@kshinji 3 жыл бұрын
it's not a general rule, it's what the society is shaped into over decades of infantlisation
@9Ballr
@9Ballr 11 ай бұрын
A point made by David Hume almost 200 years ago.
@jackjack4412
@jackjack4412 11 ай бұрын
​@@kshinji there's definitely got to be a balance of discipline regardless of emotions, but even military leaders in war place a high value on morale.
@ceterisparibus8966
@ceterisparibus8966 8 ай бұрын
what do you mean by that?@@jackjack4412
@jeffmathew6238
@jeffmathew6238 5 жыл бұрын
Her:what job function? Him:(for chrissakes lady I already told u) they make chips
@kshinji
@kshinji 3 жыл бұрын
green onion
@krislv9219
@krislv9219 2 жыл бұрын
She’s annoyingly loud
@learningsuper6785
@learningsuper6785 6 жыл бұрын
It depends on people's economical (and perhaps other) conditions. For some people money is absolutely the best incentive to work hard.
@randomthings8376
@randomthings8376 2 жыл бұрын
summary 1) ofc money makes man loose his nerves 2) if you get dopamine, oxytonin or other happiness stimulating chemical doing anytype of task than ,, in that task you will automatically work harder 3) it also depends on how much the reward we get after we do that task
@gt4748
@gt4748 6 жыл бұрын
People existed for most of the last 50,000 years of modern hominid existence without money, but they always had some form of wealth. Money and wealth are two different things. Think about what would motivate a small tribe of folks living several thousand years ago, and you'll probably have a better chance of figuring it out.
@mohaamd_7505
@mohaamd_7505 5 жыл бұрын
It always has been sexually motivated, in part at least, every man wants to prove he is an Alpha..
@soonny002
@soonny002 5 жыл бұрын
@@mohaamd_7505 Got it. Let's substitute money with prostitutes. :) Is that ok?
@kshinji
@kshinji 3 жыл бұрын
@@mohaamd_7505 always, every, blah blah blah
@TheCrusaderRabbits
@TheCrusaderRabbits 5 жыл бұрын
That chick should shut up. The guy was about to explain his finally point before she interrupted. Now I do not know his conclusion.
@s0ulfire
@s0ulfire 7 жыл бұрын
His accent reminds me of Gru.
@Nicool333
@Nicool333 5 жыл бұрын
Why do these hosts keep interrupting?
@Kane-ib5sn
@Kane-ib5sn 5 жыл бұрын
create a work environment where the worker feels loved...okay. to receive, you must give first.
@Producerukoh
@Producerukoh 5 жыл бұрын
Fear of going without what you consider a need is the best motivator.
@hahahehehoho8191
@hahahehehoho8191 5 жыл бұрын
That guy hates that the hosts won't stop interrupting him 🤣🤣🤣
@doctorsamadams
@doctorsamadams 8 ай бұрын
So, in 2023, the question arises-are these results as fraudulent as the rest of his major findings?
@yunloy
@yunloy 5 жыл бұрын
That's why bonuses are paid at the end of the week/month not at the beginning...
@SunnySinclair1979
@SunnySinclair1979 7 жыл бұрын
look if I ever have kids they will NEVER have to work as hard as I had to the abuse is not worth 9 bucks an hour we will provide for future generations in better ways this is ridiculous
@angelicreinforcement3373
@angelicreinforcement3373 7 жыл бұрын
"This" being what? Minimum-wage jobs?
@florencecooke632
@florencecooke632 7 жыл бұрын
SunnySinclair1979
@Qman621
@Qman621 6 жыл бұрын
I think minimum wage jobs are a fairly ridiculous concept when they are inevitably worked by those on some sort of welfare.
@bigdaddychoss8015
@bigdaddychoss8015 5 жыл бұрын
Yo kids character gonna suck
@Drushen07
@Drushen07 5 жыл бұрын
It’s interesting that management didn’t want the study performed on them. It’s because it is a cheap ploy to reduce monetary compensation to under skilled workers usually of certainty ethnicity and social class. This is in turn reduces the cost to income ratio, probably satisfying KPI of management thereby enabling their bonus pool, which certainly isn’t compensated by a “pat on the back” or a voucher for all you can eat pizza. No it’s the mighty dollar. All you’re doing is furthering the inequality divide.
@jackjack4412
@jackjack4412 11 ай бұрын
Agreed. It's manipulation. Boss up or get bossed around.
@MaccusFNS
@MaccusFNS 5 жыл бұрын
Money motivates some people a lot, some people are mercenaries
@Steven-xf8mz
@Steven-xf8mz 5 жыл бұрын
companies that don't pay well often promote "value, love, and purpose." reality is most people work better when they're well paid. Because they know if they lose this position, they'll be moving on to a similar position with less pay. Well paid jobs usually meant the companies isn't cheap, thus, meaning there are more likelihood of moving up the ladder. Just money don't get people to work hard, but without money says a lot about the company.
@yehudahamer1655
@yehudahamer1655 5 жыл бұрын
If a department has a chart on how an a worker can grow financially , it can help. The problem might then be if you hit that roof, will you stay with that department?
@Jay-dawg337
@Jay-dawg337 3 жыл бұрын
People work harder from compliments because they know they are being monitored. End of discussion.
@juangerena3
@juangerena3 6 жыл бұрын
We are all nothing but worry robots
@OldGreyMulletTest
@OldGreyMulletTest 8 ай бұрын
Ouch, this didn't age well... 😳
@melissaberry8810
@melissaberry8810 5 жыл бұрын
Interesting discussion. And how would you get people to do jobs that are essential but that they don’t want to do?
@civilsavant6072
@civilsavant6072 7 жыл бұрын
Alternatively, large companies could simply stop treating their employees like mules and give them the respect due to an equal human being. Companies that don't practice wage slavery never have to worry about the productivity or loyalty of their labor force.
@yuricastellobranco
@yuricastellobranco 6 жыл бұрын
tx. Have some examples?
@fwefhwe4232
@fwefhwe4232 6 жыл бұрын
Yuri Castello Branco look for airbus vs boeing
@thatfella9210
@thatfella9210 6 жыл бұрын
all wages are wage slavery
@CrawboyRocks
@CrawboyRocks 6 жыл бұрын
yes!
@coreycox2345
@coreycox2345 6 жыл бұрын
This seems correct, Civil Savant. What would it look like, though? Employees actually are wage slaves.
@anantmehta123
@anantmehta123 5 жыл бұрын
Perhaps I misunderstood the experiment, however wouldn't it make more sense to offer the reward after the four days are up, rather than after the first day? The employees would possibly have high productivity levels throughout
@comebacktohauntme
@comebacktohauntme 10 ай бұрын
well if you offer the reward after the four days are up and continue to measure 4 days after (i.e. up to 8 days total) you'd get the same result. the point is that in the long run it doesn't make sense.
@dancingwithfools
@dancingwithfools 5 жыл бұрын
People want compliments over money? Thank you for further reinforcing my disdain for humanity.
@CrisWhetstone
@CrisWhetstone 5 жыл бұрын
Funny. I'm thankful to hear people want anything over money.
@prateeksarin3555
@prateeksarin3555 Жыл бұрын
Always money works unless someone’s health is in jeopardy especially in low income areas
@Aaronisification
@Aaronisification 5 жыл бұрын
Conclusion: acceptance, appreciation, approval drive productivity. Therein lies a chicken egg problem!
@ruzzelladrian907
@ruzzelladrian907 5 жыл бұрын
His appearance has improved, fortunately.
@amsc123
@amsc123 5 жыл бұрын
02:00 wow! ;)
@ruzzelladrian907
@ruzzelladrian907 5 жыл бұрын
Haier has this system that makes their employees work efficiently.
@debclato5984
@debclato5984 5 жыл бұрын
Well, if your low income worker in a factory, don’t expect financial incentives anymore - just expect a complement!
@jimmy4904
@jimmy4904 3 жыл бұрын
Whenever i see motivation video, its about sucsessful people saying "work every minute that you are awake". Why are they doing it??
@willywonka1962
@willywonka1962 2 жыл бұрын
motivation videos are absolutely garbage. You compare yourself to others in an unhealthy way and they push you into learned helplessness. They help you feel like you accomplish something without actually doing anything a very predatory practice.
@n.h.6139
@n.h.6139 5 жыл бұрын
Oxytocin is not a neurotransmitter but a hormone.
@natemurray02
@natemurray02 5 жыл бұрын
Also a neuropeptide. So just a large neurotransmitter
@walterbishop3668
@walterbishop3668 5 жыл бұрын
Thanks for the stats genius. now they can play with our rewarding system to get the maximum efficiency by paying less.
@kshinji
@kshinji 3 жыл бұрын
they are also trying to convince themselves it works, really. protip - you can't play intelligent people like that, they will pursue career elsewhere.
@rilorobinson7685
@rilorobinson7685 6 жыл бұрын
You use the money to buy soaps and neccesties, pay rent and buy an experience like going to a baseball game. However these things are temporary and you have to keep buying them
@mishmohd
@mishmohd 5 жыл бұрын
so why didn't they split the 25 $ over the four days or would that ruin the experiment ?
@brodobroggins
@brodobroggins 5 жыл бұрын
Never heard of a happy banker before or after retirement.
@davoh2
@davoh2 6 жыл бұрын
Actual reason mentioned at 5.20🍻
@slyspy9819
@slyspy9819 5 жыл бұрын
None of them were interested in what he had to say !
@OurNewestMember
@OurNewestMember 5 жыл бұрын
folks at home couldn't hear you. check your audio?
@bungcoba6956
@bungcoba6956 5 жыл бұрын
What if you work for yourself? What kind of incentive that makes you work harder?
@arkhitektz3150
@arkhitektz3150 5 жыл бұрын
its all about MONEY!we are employees !we dont give two flying fucks bout your company...we are not "like a family"...i just want to be reasonably compensated for the amount of time and effort i put into it!honest day pay for a honest days work!its that fuckin simple.i will work until my hands are raw and give you the performance of a lifetime...ASSUMING im compensated FAIRLY!(and not what YOU deem to be "fair"...im talking bout what ACTUALLY is fair!)
@Hojotoho.Yall504
@Hojotoho.Yall504 3 жыл бұрын
Did they consider acknowledging the psychological toll of not being a machine while performing the same task over and over for 12 hours?
@akshaysehgal8944
@akshaysehgal8944 2 жыл бұрын
The thing I dislike about these dialogues is that the anchors try to act oversmart and try to add humor to everything rather than keeping it simple.
@nixonk2269
@nixonk2269 4 жыл бұрын
But what counts as hard work
@costanzauk
@costanzauk 5 жыл бұрын
So what’s the conclusion here?
@fuckoff6556
@fuckoff6556 5 жыл бұрын
This is why peac workers are so efficient, pay them per chip see what happens.
@raycon921
@raycon921 5 жыл бұрын
what if they were given a bonus for each day that they were making more chips?
@GonzoTehGreat
@GonzoTehGreat 5 жыл бұрын
1:40 Intel's HR can't order pizza for employees? Talk about company regulations stifling motivation! And they call themselves Human Resources...
@athirstyguy
@athirstyguy 7 жыл бұрын
@2:00 them flabby-ass arms
@KidWizard1
@KidWizard1 2 жыл бұрын
Man, these guys needed to just let him speak.
@moimeme7839
@moimeme7839 5 жыл бұрын
Stupidity makes people work hard😎
@kshinji
@kshinji 3 жыл бұрын
nothing wrong with working hard - you just need to make sure you are the one thatt benefits most from that choice
@Defy_Convention
@Defy_Convention 5 жыл бұрын
Money
@aguy559
@aguy559 Жыл бұрын
I’m not sure what the experimenter’s conclusion was…🤔
@daakrolb
@daakrolb 6 жыл бұрын
This guy is like the bizarro Kenny, from Kenny vs Spenny.
@DumbledoreMcCracken
@DumbledoreMcCracken 5 жыл бұрын
I work for money. If the work is boring, I leave to work for money someplace else. It is that fracking simple.
@DumbledoreMcCracken
@DumbledoreMcCracken 5 жыл бұрын
This guy is saying everyone is a narcissist
@AlfoncinaMatilda
@AlfoncinaMatilda 5 жыл бұрын
I dont know about this pizza thing, what about communism, that failed...
@matthewchow4991
@matthewchow4991 6 жыл бұрын
It's half money, half life.
@thisisbob1001
@thisisbob1001 5 жыл бұрын
Fear
@ex-x8164
@ex-x8164 2 жыл бұрын
YO THAT'S HIS DAD! WHAT!!? 5:57
@shibu.matrix
@shibu.matrix 7 жыл бұрын
Why can't she stop her usual natire?
@heyilikeair8521
@heyilikeair8521 4 ай бұрын
This interview seemed fine. Really is saying anything too much interupting to people. Why
@Jomster777
@Jomster777 5 жыл бұрын
watching porn at work
@udasamr7539
@udasamr7539 5 жыл бұрын
*WOKE*
@Koolyococo
@Koolyococo 7 жыл бұрын
Erik Schatzker is just always just tryin to be the star of the show. But please stop.
@LuisDiuk
@LuisDiuk 5 жыл бұрын
I like Dan, I dont like the pink lady
@rs4425
@rs4425 4 жыл бұрын
It's a shame he was interrupted so often.
@Svengalish0000
@Svengalish0000 5 жыл бұрын
sooooo.. is it pizza? or money? i'm confused
@OurNewestMember
@OurNewestMember 5 жыл бұрын
hugs and beer. the answer is hugs. and beer.
@aidenkim6629
@aidenkim6629 2 жыл бұрын
I feel like rich people want to be richer to flex and the richest people want to be richer because they are money hungry
@MR713JOSE
@MR713JOSE 9 жыл бұрын
Pancakes
@diegoaespitia
@diegoaespitia 10 ай бұрын
LOL these reporters need to shut up. let the man speak
@loveanianimeme
@loveanianimeme 7 жыл бұрын
My old job gave all of us workers tacos as thanks for putting in extra hours at work once, .....they had Aluminum Sulfate in them along with a host of other ingredients I couldn't pronounce. 😑
@virginiaharris2622
@virginiaharris2622 2 жыл бұрын
(. WOW.).
@ms9625
@ms9625 5 жыл бұрын
Latin america is so close, come over here, and see. There is no left talk about it.
@beachboardfan9544
@beachboardfan9544 5 жыл бұрын
Dont know who the fuck these guys talk to but the only thing I want from my employment is the most amount of money possible. I can create my own happiness outside of work.
5 жыл бұрын
The lady needs attention people.
@kmm2442
@kmm2442 5 жыл бұрын
i just feel like this feels so manipulative.
@hrviumhrvarium74
@hrviumhrvarium74 5 жыл бұрын
they should have put him at the opposite side of the table. this set up is too revealing.
@alinesanchezramirezbaruchi2658
@alinesanchezramirezbaruchi2658 Жыл бұрын
Regularização de visto tá difícil.
@shahzebkhan6122
@shahzebkhan6122 5 жыл бұрын
Materialism bullshit does.
@Producerukoh
@Producerukoh 5 жыл бұрын
Brotha' on the left succinctly made the whole video at 5:47...
@soumyajitdas6598
@soumyajitdas6598 5 жыл бұрын
They make CHIPS ? Only chips ?
@borninjapan231
@borninjapan231 5 жыл бұрын
"4 days on and 4 days off" - What planet are you on?
@lukedavis6711
@lukedavis6711 5 жыл бұрын
'Merica
@pettyx008
@pettyx008 6 жыл бұрын
I think I'm too sharp to get played like that, never works for me. If I say NO to work is NO period. LOL
@aspektx
@aspektx 2 жыл бұрын
More rich people figuring out excuses to pay workers less.
@menasir2817
@menasir2817 5 жыл бұрын
Cash is the king. Simple as that. No need research.
@GodofWar5371
@GodofWar5371 4 жыл бұрын
So don't give people bonuses because the become lazy and the work like slave to put food on the plate
@vcoonrod
@vcoonrod 6 жыл бұрын
The lady wanted to make it all about her. She couldn't even sit still - squirming around the entire time. It was hard to focus on his information due to her inane interruptions. She might want to consider some ADHD medications.
@Rakesh-ec2pz
@Rakesh-ec2pz 5 жыл бұрын
he didn't look her into eyes while talking, her need for attention got just bigger and bigger lol
@Rakesh-ec2pz
@Rakesh-ec2pz 5 жыл бұрын
3:23 just look at her lol trying to make that introverted scientist nervous
@dnnsmtchll
@dnnsmtchll 4 жыл бұрын
manipulation capitalist manipulation no ethics here just money
@SpaceNStuff
@SpaceNStuff 6 жыл бұрын
Clickbait..
@prisonerofearth
@prisonerofearth 5 жыл бұрын
Wow. What a poorly conducted experiment.
@Jahu-qs2us
@Jahu-qs2us 5 жыл бұрын
How so?
@Allyphannn
@Allyphannn 5 жыл бұрын
prisonerofearth tell us why
@prisonerofearth
@prisonerofearth 5 жыл бұрын
@LagiNaLangAko23 I don't feel like he's interested in improving his experiments.
@ChristopheBeckers
@ChristopheBeckers 5 жыл бұрын
You don't like the results ?
@bobbynixon1289
@bobbynixon1289 5 жыл бұрын
This is amazing. He basically said nothing all while acting he said something.
@ZBdude149
@ZBdude149 7 жыл бұрын
Money is the problem not the solution. Money is slavery.
@napoleon_bonaparte2462
@napoleon_bonaparte2462 5 жыл бұрын
Money is (among many things) just a proxy for stored work. Go to prison and you would be using cigarettes instead, and the exchange of which is obviously nothing like slavery. You are enslaved by your own existence, which sucks, but it just means you have to live a life that is more meaningful than it is painful and harsh.
@classactioninc
@classactioninc 5 жыл бұрын
Money is survival. We need money to live comfortably and eat. Many of us are enslaved to consumerism, although that's what keeps the world spinning.
@sonyabadass
@sonyabadass 5 жыл бұрын
Money is happiness
@momoneylessproblems9183
@momoneylessproblems9183 5 жыл бұрын
I'd argue differently. A lack of money is slavery. The more money you have the less power money has over you. Life becomes your personal playground. Once you have money you can begin to insulate yourself from a lot of the bullshit that makes ordinary people's lives miserable. That's the opposite of slavery if you ask me.
@jeanrenetournecuillert2449
@jeanrenetournecuillert2449 5 жыл бұрын
Say the poor, no it's freedom.
@ijxbsaxcanadlikgrtbk2631
@ijxbsaxcanadlikgrtbk2631 2 жыл бұрын
text
@sayandsathish2159
@sayandsathish2159 2 жыл бұрын
These news anchors are real annoying
@MrJaaaaake
@MrJaaaaake 5 жыл бұрын
This guy is wrong. Most people would not work if not for money. They would play all day and this includes fun and creative "work" like some of the STEM careers. It's about mastery. If I was a bricklayer and they paid me $15/hr and hugged me at the end of the shift I'd fucking quit.
@osteandiv
@osteandiv 5 жыл бұрын
MrJaaaaake you’ve completely missed the point. Of course people work for money. He’s saying that in order to get higher productivity, introducing a monetary incentive is not always the most optimal option.
@cryora
@cryora 5 жыл бұрын
@@osteandiv They've only tested for small incentives. If you want to get a better feel for the real world, you have to go big: Bonus pay -> Big promotion with a lot of pay, Prizes like new cars or real-estate Pizza party -> Fancy afterwork dinners, Company cruise vacations, Concerts Text Compliments -> Huge award ceremonies, Huge publicity in the news, Name engraved in a monument It's like in Physics, where small variations are considered to be linear (first order), but when you crank up the knob, you start to see nonlinear effects, and some effects explode. Too bad social scientists don't know how to fit anything more complicated than a line to a set of data. Other variables that can be tested for: Autonomy, responsibility
@fl45hman
@fl45hman 5 жыл бұрын
MrJaaaaake, besides the fact that your comment does miss the point, surely people don't just choose their occupation based on the salary potential, but also, and probably mostly, whether it's something that interests them at least a little. If I were to work as a bricklayer, the repetitive nature of the job would drive me absolutely nuts regardless of pay.
@MrJaaaaake
@MrJaaaaake 5 жыл бұрын
@@fl45hman I have hated every job I have ever had. I change jobs based on the pay. I like woodworking. Worked in a woodshop for 6 months and quit. It killed my interest in woodworking when you do the same 3-4 things all day everyday. Losing 1/3 of your day is never going to be enjoyable.
@MrJaaaaake
@MrJaaaaake 5 жыл бұрын
@LagiNaLangAko23 It's not that easy lol. Also the market dictates what you make. I'm really not interested in making industrial bullshit or post modern furniture. That's what is in right now. Everything get's boring when it's replicated hundreds-thousands of times a day for pay.
@darshantsdarshan1
@darshantsdarshan1 7 жыл бұрын
These stupid reports 😐
@annonymouscommentor3694
@annonymouscommentor3694 5 жыл бұрын
The lady is talk talk talk. Man is she weird.
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