Let's Talk Business

Let's Talk Business


LTB 210: Why Employee Bonuses Are a Bad Thing with Dan Ariely

November 28, 2016

Can giving employees bonuses harm productivity? That’s one of the many questions posed by international bestselling author Dan Ariely in his new book 'Payoff'. We talk about his outcome and hear of several other unintuitive conclusions he's reached.

We speak to a former bank manager who was so worried about the lack of knowledge kids have about money, he decided to do something about it. He's switched jobs to become a writer and has now published a set of books called financial fairy tales.

New research has uncovered that older people approach decision making very differently from young people. In this week's business insight we have three fascinating insights into the ageing mind.

And we discover that some companies may have gone too far and lost the plot in trying to build relationships with potential new customers. Isn’t it the case that if the price is right then people will just buy it?