Pay-For-Creativity: A Scheme To Inspire Creativity

Pay-for-Creativity is a type of compensation system designed to motivate and retain employees in an organization. Traditionally, professionals are motivated extrinsically, intrinsically, or a combination of both to think creatively. This study suggests that an individual’s motivation alone does not lead to creativity or retention. Other factors contribute to creative thinking. This study argues that the most effective way to foster creativity is to provide individuals with a tangible reward.