The use of performance related pay in a variety of sectors is well documented, with economists highlighting the benefits of such a model on a person’s productivity. However, 18th Century Economist, Adam Smith observed in his book, The Wealth of Nations:  “Men….when liberally paid by the piece, are very apt to overwork themselves, and to ruin their health and constitution in a few years”. 
  
Join Professor Keith Bender and Dr Nicole Andelic as they discuss their ESRC-funded project which seeks to find out the impacts of performance related pay on stress as measured through cortisol, what it could mean for their long-term health, and the potential implications for businesses in the future.