Is Money an Effective Motivator at Work

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Is Money an Effective Motivator at Work?

Do you often smile while in the day-to-day routine of making money? Or, would you ever bet that a person earning $60,000 a year is much happier than someone who's making mere $30,000 in comparison? Indeed, most of us erroneously share the most conventional view that money is on top of those ultimate motivators making us work, and more than that, bringing everyone happiness. Though, contrary to popular belief, researches in various social areas evidence that money, as a trivial form of reward, is placed in plane with main de-motivators for workforce.

Despite most of the world works for the sake of financial reward, the need for money only obliges us to undertake certain sort of work, but doesn't motivate in actual fact. For example, one of the theories of human motivation - 'Money as a motivator theory' is grounded on the belief that the need for money primarily motivates all workers ("Theories of Human," 2004). Nonetheless, such statement is true just to a limited extent, to say the least. Although the very word "money" (which in final outcome aims to ensure greater happiness) would be the commonnest reply