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Money as a motivator
Money as a motivator
A research proposal about the effects of motivation on employee productivity
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The Motivation of Money Many people believe that they are motivated by earning money, but this is not always completely true as there are many other factors such as the conditions of the workplace and the need to be appreciated. There are many arguments that are both for and against money being the key motivator in the workplace. Some argue that being paid a good salary is important in attracting employees to a job and helps to keep them in the job. Although this money can become less of a motivator once the employee has been working for a time and the pay has become routine and expected. Although money may not be the only motivator in the workplace, it is the basis for the attitudes and behaviours of employees. If an employee feels they are being well paid and rewarded financially for their hard work and any extra effort, then they will be more likely to work hard and strive to gain these financial rewards. However if an employee is unhappy with the money that they are receiving for their work then it will be very difficult for them to be motivated in their work. One other view that supports money being a key motivator is that people feel that they are highly valued if they are receiving a decent salary. The higher their salary the more valued they feel within the organisation and so the more likely they are to work hard in their job and be motivated in their work. Cash awards can be a very effective way of motivating employees to meet targets and excel in their work. McGregor's theory of the reasons why people work shows that using these sorts of 'carrot' methods of motivating employees are often successful with the Th... ... middle of paper ... ...ir needs have been met at a lower level before moving upward. For example, a person will not be motivated by love until they have had both their physiological and security needs met. Maslow's Model So in conclusion it is not always money that motivates, as although for a lot of people it is money that drives them this is not always the case. Money does however provide people with the ability to make choices and improve their quality of life. In order to motivate people, you need to find out what their wants are. It may be money, but this may not always be the case. People are motivated by a variety of items. It is the responsibility of the manager to find people's individual wants. In order to have motivated workers it is important for a manager to try to meet and attempt to satisfy these needs in some way.
It seems that money is the root of all evil and can make a man do things that he would
The love of material things is considered the root of all evil. Money, as well as desire for fame and power, are powerful motivators that drive people through certain shortcuts called decisions. Every day, people drive through this shortcuts, big and small.
money, and many people don't. I personally think it does to a certain degree. I
When people have money they will always think that they can outpower the less fortunate. In the story Deathwatch Madec shows that he thinks he is better the Ben when he continues to try and make deals with Ben.”what sort of deals?” Ben said “money” Madec said for school. This shows that people with money will always think they are better than others when they can outpower them with money. Money can be pretty tempting to someone that doesn't have as much. A Lot of the time this shows that the person with more money will try to out power ones that is trying to work for there money. Secondly , people believe that they are better than other when they have money or when there husbands have money. In past I have had experience with professional wives believe they are somebody important and they use there husband money to there advantage. This shows that people that never actually earned the money themselves still goes around and flaunts that they are better than others just because they have a husband that has money and they are spoiled. By them having their husbands money they believe that they can show off how wealthy they are through their looks. This being said sometimes the looks tell a great story on how you think your better because of the way you dress and what you can afford over someone else. To conclude, I would say that money pays a huge price in how you think you are better than
There are people out there in the workforce that believe they are obligated to do their best at their job simply because that is what is expected from all of us as humans. On the other hand, there are those out there that want to only do as much as they can get away with doing. No matter which one of these employees you are or are working with companies and employer's need to understand the concept of motivation.
For some, happiness is all that matters. Happiness is achieved in many ways, and it doesn’t always involve money. There are many things that contribute to making a person feel happy and successful. One can feel successful without a lot of money at all. For example, feeling loved is something that makes everyone happy. Many believe that without love life is not thoroughly complete, thus never truly achieving success. Ones line of work can also affect how happy he is. Some feel that it is more important to enjoy work and get less money than it is to hate work and get paid more. Another factor in achieving psychological success is ones ability to enjoy what life gives him. There are many qualities of life that are overlooked. Everyone is dealt family and it is important to value that.
Is there anyone in this world who does not want to be rich? The first thing that crosses the people’s mind while choosing job is money. Money plays a vital role in one's life and most of the people are motivated to perform well in their jobs for money. Money is the reason what drives people to work better. In most cases, money greatly works. People are motivated to perform better by receiving monetary incentives like wages, salaries, allowances, bonuses, retirement benefits, etc. But, money doesnot always contribute in influencing people towards the work. This essay will discuss the arguments that are both for and against money being the key motivator and suggest that money is not always the best motivator.
When it is discovered that a worker can fulfill the requirements of their job, but are experiencing shortcomings in doing so, many times it is believed that worker motivation may be the root of the problem (Laird 95). What, though, is work motivation? According to Laird (2006), “motivation is a fundamental component of performance “ and “is the reason that someone chooses to do some things and chooses not to do others”. In other words, work motivation is what energizes workers to the level of output required to fulfill a task, directs their energy towards the objectives that they need to accomplish, and sustains that level of effort over a period of time (Steers et al., 2004). In essence, worker motivation is what gets the job done. Employee motivation has always been a central problem in the workplace, and, as an individual in a supervisory position, it becomes ones duty to understand and institute systems that ensure the proper motivation of your subordinates. Proper motivation of employees can ensure high productivity and successful workflow, while low worker motivation can result in absenteeism, decreased productivity rates, and turnover. A large body of research has been produced regarding motivation, and much of this research is applicable to the workplace. Due to the nature of man, motivation varies from individual to individual, and, because of this, there is no one system that is the best for ensuring worker motivation in every organizational situation, and, as a product, many theories have been created to outline what drives people to satisfactorily complete their work tasks. Throughout the course of this document, the three main types of these motivational theories will be outlined and examples of each as well...
Many people aim to satisfy their desires at whatever cost, failing to appreciate what they have and the people around them. Often times, in developed countries, people hunger for money and all the “perks” that follow it. Not only has money has become the ultimate determination of success, but also happiness. Money has caused people to become selfish, as people crave to climb the
Greed can apply to just about anything in life. People are greedy and they don’t realize they are in what they do. “Most greedy people like to show off their money in such ways as their cars, clothes, houses, ect. ”(sonnenberg)
Motivation can be one of the greatest and most important aspects inside a workplace, as it enables employees to find their incentive to work harder and achieve different types of goals. Motivation can be identified and accomplished by elaborating a job design that helps keep employees happy considering the different environmental factors of the integrative framework when applying organizational behavior. A formal definition states that job design “refers to any set of activities that involve the alteration of specific jobs or interdependent systems of jobs with the intent of improving the quality of employee job experience and their on-the-job productivity” (Kinicki 168). Job designs help structure jobs and the different tasks needed to accomplish
Motivation is best defined as the needs, wants, and beliefs that drive an individual. It is the basis of what people work for and keeps them doing things they otherwise would never do. People act in a whole new manner when they are motivated by something. Motivation gives them a whole new perception of the task at hand. Motivation is not always positive though, and it does not always just come from one place, for example, your boss. Motivation can be negative by not receiving something, and contrary to popular belief it is not always money that motivates people to do what they do. People have different needs, wants, and desires and the finding what is most important to those individuals is the key to motivation. People and companies have used countless techniques and approaches to motivate others and employees, but what works for one person does not necessarily work for the other.
"when - and only when - it is characterized both by a state of drive and by a
Most puzzling, though, is that people often seem aware at some level that money won’t make them happy. And yet they continue to work away earning money they don’t objectively need.