If you have school-age kids, do you pay them for grades?

My son and I have a deal where I pay him for good grades, he pays me if there are bad ones, and no one pays for C’s. It seems reasonable to me.

As a kid I always wanted to be paid for good grades. After all, I thought, people were always telling me that going to school was my job, and don’t people get paid at their jobs? Maybe I was just hoping for some extra money, but that sounded like a good argument to me.

If I remember right I was only able to convince my parents of that once though. I think the thinking was that good grades are their own reward, and that they are also expected.

Of course good grades can lead to academic scholarships, which certainly pays off.

So what do you think? Is it a good idea to pay for grades? Were you paid for them as a kid?