Does practising godliness on earth benefit us in heaven?

I have been thinking through this issue recently. I heard the scripture in Timothy that says godliness has promise on earth and in heaven, and that scripture in 1Cor 3 which says if a man's works are wood and hay they will be burned up and the man will suffer loss. I ask, what is that loss? And what is the gain of godliness we receive in heaven? If we all are glorified and perfected at that time what else would we receive and how are those distinctions between loss/gain seen?