Don’t show me the money

Comments print
Nov 19 2012, 01:22 IST
Monetary gain ceases to be the only motivator in an employee’s life; a supportive workplace with an ecosystem that provides individuals with the opportunity to innovate and add value to the output holds more significance if people are fairly compensated

Nandita Gurjar

Think of the last time you felt really charged up about work, and what made you feel that way. I’ll bet it wasn’t money.

I am not suggesting for a moment that money doesn’t matter. It does, but only up to a point. There’s enough academic and empirical evidence to show that once people are paid enough—and let’s take that to mean, are compensated fairly and to the extent that they can maintain a certain standard of living—money is no longer the motivator it is made out to be. Bestselling author, Daniel Pink makes this point very convincingly in his talks on employee motivation in which he says that while higher financial reward elicits better performance of mechanical tasks, it actually worsens the performance of jobs with even the slightest cognitive content.

Actually, motivation works in inscrutable ways and often contradicts the laws of expected behaviour. How else would you explain why workers earning a fixed salary put in more hours than those on an hourly wage? Or why unpaid volunteers in a cause are so enthusiastic about showing up at work? So, if it’s not money, then what do people get their buzz from? My short answer: supportive workplace, purposeful work.

If I had to name just one thing that inspires employees

... contd.

Ads by Google
   1 | 2 | 3 | Next
Previous Story  Tech Jam all dressed up and nowhere to go Next Story  Cybercrime on an upward spiral
Reader's Comments (4)| Post a Comment

Fe Comment

srinivas | 27-Nov-2012Reply | Forward
I believe this assumption it self is baseless "There’s enough academic and empirical evidence to show that once people are paid enough". How many of you feel like being paid fairly. This post holds good only for the people who paid enough like Nanditaji.

Fe Comment

Nirmal | 27-Nov-2012Reply | Forward
FAIL. I am working with Infosys for 7 years. What i see in Infosys is the employee policies are getting worser day by day and this started from 2008 when the author of the above article become the head of HR. The least she could do is sit silent rather than writing article like this.

Fe Comment

infy | 27-Nov-2012Reply | Forward
She is rich thanks to the money squeezed of all the infosions

Post your Comment

Your email address will not be published. Required fields are marked *

Name *
Email *
Message *
 
captcha
please enter the above characters in the box below