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Money is the only thing that motivates people to go to work.

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Introduction

Money is the only thing that motivates people to go to work Key Findings: � I have found out what different types of fringe benefits and other things motivate people. � I have found out that money isn't the only thing that motivates people. � I have found out that to motivate workers you have to know what they want. There are many things that motivate people to work, not just money. Businesses need to have a well motivated workforce or otherwise they will not function properly and to their full potential. Well motivated workers, work harder, are happier, produce more, help a business improve the quality of its products, make your company remain competitive and can mean bigger profits and keep costs down. So it is very important to motivate your workers. Here is a list of things that motivate people: Fringe Benefits, Job Satisfaction, and of course Money. All of these add up to motivate workers. Fringe Benefits provide workers with many job perks such as a company car, pension plan and holidays. They are incentives that encourage people to act energetically and work harder or more effectively. ...read more.

Middle

Money is by far the main factor in motivating workers to work. Everything in life boils down to money and without it there would be no businesses. People have a job to earn money. Without money you cannot survive. You need it to buy clothes, food and drink, shelter and heating and to basically live. There are very few things you can do without it. Most peoples aim in life is to become rich, so money is a very good motivator. That is why some companies have performance related pay, the more work you do, the more money you earn. So this means that workers have to work or otherwise they will not get paid. People who support the view, that money is the only thing that motivates people to work, would argue that money means everything. They would say that without money you could not survive in today's world, which is probably true. You cannot buy food, clothes, shelter and heating without it. There are few things in this world that are free. From the day you are born you are on a quest to make money. ...read more.

Conclusion

Secondary sector ? (See bottom if not understood) Tertiary sector ? 5. Income per household: Key earner ? 2nd income ? 3rd income ? 6. Type of pay: Hourly ? Weekly ? Salary ? Piece rate ? 7. Do you think money is the only thing that motivates people? Yes ? No? Primary Sector = includes agriculture, forestry, fishing, mining and quarrying: all involve the use of natural resources. Secondary Sector = includes all manufacturing. Tertiary Sector = includes all services. I gave a group of 40 people this questionnaire, 20 male and 20 female. The results turned out like this: Do you think money is the only thing that motivates people? Men Women Yes No Yes No 2 18 1 19 The graph shows clearly that both the majority of men and women think that there are more things than just money that motivate people. Even though I only took a small sample of 40 people I think that the results would be the same as if I did it on a larger scale. Maslow's hierarchy of needs In Maslow's hierarchy of human needs 90% of the lower need has to be fulfilled before moving up the hierarchy. Joseph Murphy 11R ...read more.

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