Money And Motivation
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Money and Motivation

icicipru,sr sales manager, insurance,finance
Money and Motivation

Money is the most obvious way in which an organization rewards its people.

The controversy over the extent to which money is capable of providing motivation goes back to the rise of the human relations movement.

Human relations activists contended that a person's social needs were of primary importance, as opposed to the scientific management view that economic rewards would always increase motivation.

The scientific management view has been backed by behavioral scientists who devoted large amounts of time to investigate the expectancy theory.

They have found that pay will lead to greater performance provided certain conditions exist.

The first is that the person must place a high value on pay.

The second is that the person must expect that pay and performance are related, meaning if they work harder they will get pay raises.

It is clearly desirable for employees to perceive a direct correlation between pay and performance.

In general, money is a proven motivator in most cases, but is certainly not the only motivator, and often times not the most important motivator.

Don’t cry on ur earnings be ur best at ur place ……… MANISH SINGH.

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