There’s a new study out about raises and pay cuts at work but it’s more about human nature than anything else.

The study found that when workers get raises, it doesn’t make them work any harder.  BUT, when workers have their pay cut, it DEFINITELY makes them slack off.

The main reason is that we BELIEVE we’re worth a raise, and our current level of work has been rewarded so there’s no reason to step it up.  At the same time, a pay cut is so DEVASTATING for our morale that we rebel by performing worse.