Selecting a Better Carrot: Organizational Learning, Formal Rewards and Culture--a Behavioral Perspective‪.‬

ABSTRACT A behavioral understanding of the complex interactions of culture, rewards and individual performance is critical in business. The role of compensation and rewards in their various forms influence employee behaviors and the influencers of and rewards. Part of managing organizational culture, is to understand how to change it when required. Mastery of the behavioral component of firm management is crucial. Formal compensation systems and the organizational culture are not two independent events but rather two interrelated systems that interact to effect organizational behavior.