For Love or Money? Extrinsic Rewards, Intrinsic Rewards, Work–Life Issues, and Hour Mismatches

Using classic and contemporary perspectives on work, this paper examines how and why extrinsic and intrinsic job rewards, work–life conflict, and flexible hours are related to mismatches between actual and preferred hours of work. We find that making raises, bonuses, and promotions contingent on job performance has little effect on actual or preferred work hours. Discretionary effort, as signaled by higher actual and preferred hours, is more common when people find their work meaningful. Work-to-life conflict, in contrast, generates a desire for fewer hours because people who report it prefer average hours but work many. Offering men flexible hours can partially offset that problem by increasing their appetite for work.