Is money a chief motivator of all job-related behaviour

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  • 1. INTRODUCTION

               Is money a chief motivator of all job-related behaviour? Is that a true reward? Those are the debating questions without ending. Some employees have financial goals; others have professional goals or personal goals. The same incentives cannot work for all. This essay looks at ideas in favor of and against of rewarding by money. But in my opinion, I still believe that money is not a chief motivator of all job–related behaviour for some reasons which will be discussed later.

  • 2. DISCUSSION OF FINDINGS

     

  • 2.1. POINT

       

              Motivation is an inevitable element of life whatever you are doing. That is the inspiration for our goal, affecting directly to us, playing an important role in determining our productivities

           

              For some people money is not their best interest, they are interested in those intrinsic factors- those satisfaction garnered from behaviour such as achievement and recognition more. Herzberg, Mausner, & Snyderman (1968) stated that to the degree that motivators are present in a job, motivation will occur. The absence of motivators does not lead to dissatisfaction but when motivators are present, workers are highly motivated and satisfied. Recognition is the most wonderful tool you have and it costs nothing. If McCelland’s theory is followed, we all have a basic need for achievement to perform tasks more efficiently, to be known as a problem-solver, to feel valued and important, to know that what we do is appreciated and noticed. The more you recognize your employees' efforts, the more productive and loyal they will be. Tschohl (2008) noted that “Most people underestimate the power of recognition and, yet, it's something we all want, even crave”. Both verbal and written recognition can bring back many wonderful effects, especially written recognition. Otherwise, most employees only get any attention is when they make mistakes, when they are under a bad situation. People do not just want to be recognized once a year or a month, they wan it everyday, If not as Bob thought “I worked like a dog, including an entire weekend on my own time, to complete that report and to ensure it was perfect, and I didn't even get a thank you, I’ll never do that again." .That’s why the recognition is so important.

              Obviously, employee’s motivation could come from their bosses. Relationship between the leaders and employees is very important. In a recently published report, it noted “in fact, managers must take responsibilities for 75% of causes of employees quit work .They play as a key role in the firm. Need for affiliation to establish and maintain good working relations with others ,working in a peace, sympathize environment with each other would solve any problems or conflicts and increase productivities of the whole firm . As Blum, Yum's senior vice president of public affairs said that “David Novak is a tremendous leader with greatest strength is his ability to inspire others to satisfy our customers “or Reinemund says.” He has great intuition, good common sense, and he understands the consumer." Chief motivator is not just only a title for fun. That‘s is a serious and important task. Why do we need motivated employees? To survive .Motivated employees help organizations survive. In other words, labor is the means of livelihood of a company. Therefore those people like chairman and CEO of Rectron (Pty) Ltd - Mark  Lu suggested  “that his leadership style has changed to focus on serving his employees” .His focus on instilling values like transparency, sincerity and uncompromising integrity makes him an admired and respected leader that people want to work with. “It’s all about motivation,” he says. ‘You can’t learn how to motivate people, but if you look at the company as a set of balance sheets or numbers you lose touch. It’s all about people. If you don’t care about people, you’ll never be a leader.’  “Mark is a truly amazing leader, a role model and a source of encouragement.  His youthful exuberance, honesty, fairness, love for others, sense of responsibility to his staff” - Issac, Product Marketing Manager stated

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                In contrast, whenever discuss about motivation, the target always is employees. How‘s about the leader who are suffering pressure most?.  Pressure with the existence of the business, pressure to complete work, responsibility to the staff .Pressure of life, of being successful .Of course money is not their motivation anymore. They are the one who motivate others by money. So what are their motivations? They also have belongingness, need to belong to somewhere to someone .They need love from their family, support and acknowledge from colleagues and community, even from striving ...

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