Tuesday, May 19, 2020
The Motivation Of Employees Are Only Motivated By Money
Employees are only motivated by money Critically evaluate the theories of motivation in relation to this statement. Motivation is a hugely important aspect in the lives of working people, generally. It gives people the will to keep going, and at the same time, allows them to work towards something, and have something to aim for. Whilst money is a well received incentive to help keep employees on task, it is often thought of as the only motivator. Employees react well to a number of motivational incentives, with money being only one of them. Money plays an important role in our society and always has. It therefore acts as a very powerful tool to keep employees - and people generally - motivated at work. It is thought of as an aspiration by many young people, something to be achieved; to be rich or, at least to be comfortable in their future finances. There is also an underlying theme amongst young people wanting to be self dependant, not dependant on their parents for money. This, again, leads to the dream of having money in order to be self sufficient, with this idea motivating them to be more committed in school and other aspects of life. The fact that money is such a huge part of the society we live in, may be the reason for these contributing factors towards motivation. However, the statement Employees are only motivated by money can be debated, with many theories and studies to contradict the idea that money is the only motivator for employees. ForShow MoreRelatedMotivation And Performance 2. Deborah Leupold. Bus 610:1478 Words à |à 6 PagesMotivation and Performance 2 Deborah Leupold Bus 610: Organizational Behavior Instructor: Martin McDermott January 7, 2017 Motivation issues in the work place are not always representative of the work environment itself. In some cases, external factors not related to the work environment are the primary reason that so many workers are incapable of performing to the best of their ability. 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Managers should take responsibility to enhance their employees in order to enhance their contributions to the organization or company resulting in increased productivityRead MoreRewarding Employees With Bonuses Or Fringe Benefits Essay1228 Words à |à 5 PagesEg: Rewarding employees with bonuses or fringe benefits This solution will look more at inspiring motivation through monetary options. There are various monetary methods that could be implemented to increase employeesââ¬â¢ motivation. First of all, business can offer rewards that employees value. There are many different types of rewards. In the workplace, rewards typically include money, promotions, increase of wages, job titles, attractive offices, praise from boss or peers, bonuses, and fringe benefitsRead MoreA Theory Of Motivation Is The Hawthorne Effect On The Workplace Essay790 Words à |à 4 PagesAnother theory of motivation is the Hawthorne effect which was established by Henry A. Landsberger in the 1950s. The theory states that employees tend to work harder and give a better performance when they know they were being observed by their employers. Research has been conducted for this theory where they concluded that the employees were more motivated when they were receiving attention. In order to apply the Hawthorne effect to the workplace, studies suggests that the employer should provideRead MoreThe Expectancy Theory And Critically Evaluate The Following Statement1349 Words à |à 6 Pagescritically evaluate the following statement: A job will only be motivating if it leads to rewards that the individual values. Introduction Business productivity has been a focus of many studies over the past few decades as businesses strive to continuously improve and become more efficient. One of the key concepts behind productivity is utilising one of the main resources, people, in the best ways possible. Organisations have to analyse employeesââ¬Ë behaviour to be able to ensure that they are working
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