Money Motivation

Only available on StudyMode
  • Download(s) : 278
  • Published : March 6, 2012
Open Document
Text Preview

Money is an effective motivator at work. Money has always been used as a motivator in substantially many areas of life. It is, in fact, the most popular incentive that employers use to encourage and enhance performance of their workers. Yet the question of whether money is an effective motivator at work still rises. Speaking of “motivation” this work discusses the interests, needs and personal willingness of workers to make some efforts, do the necessary activities required to meet the career requirements that are vital for them(Stephenson and Thurman 59). In cases where leaders of company leaders, company owners, HR-officers or such professionals investigate such traits as the ability to decide and act without supervision, the manifestation of self drive, taking rational risks as well as being responsible for one’s actions, professionalism, being careful about the superiority of personal performance and a lot of other worker qualities. Is money an effectual motivator at the work place? According to Stephenson and Thurman, it is doubtless that money is a “propeller” for everything, yet at times, it is not enough to maintain this “motion” in the feeling of employees. [pic]

The chart above was represents an overview of peoples take on the use of monetary motivation during a study (Harrison 191). It shows that the effectiveness of money in the motivation of workers is debatable. When used appropriately, money motivates employees to work harder, develop smarter strategies and do more than their line of duties, responsibilities and stipulations (Dubin 99). This happens when an employee gets tips, bonuses or such monetary incentives in the event the worker does an exemplary job. Dubin argues that it makes the worker feel appreciated for being diligent and devoted, thus giving a motivation to push on. On another note, it serves as a challenge for the rest of the worker to...
tracking img