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Inasynthesisofprivatesectorandacademicresearchontheeffectivenessofvarioustypesofmotiv...
In a synthesis of private sector and academic research on the effectiveness of various types of motivational programs, the median change in performance after the introduction of monetary incentives was 30 percent; the median change after implementation of target setting was +16 percent; and the median performance change for programs to increase participation was +0.5 percent.37 Combined approaches-for example, target setting com-bined with monetary incentives were even more effective, with a median performance change of +40 percent. Private sector research has also shown that the effectiveness of a monetary incentive program in stimulating
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