Monday, June 10, 2019

Money reward is superior to any other motivational incentives Assignment

Money reward is superior to any other motivational incentives - Assignment ExampleHowever, Thomas (2000) explains that without grave work conditions, it is impossible for graduate(prenominal) salaries to be a good motivator to the employees of an organization.Thomas (2000) therefore explains that, the link between compensation, performance and motivation is very complex, and difficult to understand. search indicates that if people were left to decide on how much money they should earn, then chances are high that they would not get satisfaction in their jobs. Human imagination experts, who advocate for money as a motivator, also accept the notion that money alone cannot act as an effective motivator. Other factors such as a good working environment, cooperation between employees and the management, ability for growth are other motivational factors that are effective in increasing the morale of workers.The grassroots question to ask in this debate is on whether money plays a role in making our jobs enjoyable or not. Furthermore, the question to ask is whether high salaries play a role in motivating or de-motivating the employees of an organization. Whiteley (2002) explains that in as much as money is not the major motivator, in an organization, neediness of good salaries can become a de-motivator. We are living in a capitalistic world, where everything we do, is monetized. It is very difficult to survive without making good money, or earning a good salary. The social status of an individual is also motivated, ground on the kind or amount of money that he or she earns. It is based on these factors that employees of a business organization normally want to be paid high salaries, or a decent income for their services to an organization.Whiteley (2002) explains that a good theoretical framework that explains the importance of money is the Hierarchy of Needs theory, formulated by Abraham Maslow. The second level of these needs is security. Maslow explains that e mployees of an organization always have a

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