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Money As A Motivatoir


            
             Survey after survey of currently employed workers show that intangibles; such as recognition, involvement, challenge, pride, communication, meaningful work, and opportunity for growth are more powerful employee motivators. Pay and benefits are generally ranked in the middle of the pack in surveys of motivators. .
             In studies dating back to the 1940s employees have always ranked other items--such as full appreciation for work done, feeling "in" on things, and having interesting work--as being more important to them than their salaries. In the "1994 National Study of the Changing Workforce" conducted by the Families and Work Institute of New York City, "open communication" was ranked highest by respondents when asked to list items they had considered to be "very important" in choosing their current jobs. Everyone wants to know what's going on--especially as it affects them--so simply sharing information is motivating. Salary was ranked 16th. .
             Money is a need. To many, it is a way of keeping score. It is a means to that which does motivate, and might even induce behavior. Money, of course is important. We need money to pay our bills and live the standard of life to which we are accustomed. This is not to say that money has no motivational value. It does, and the strength of that motivation will depend on each person's life. For an unemployed worker, or one with unexpected medical bills, or with children in college, they will be more keenly aware of monetary needs. .
             For most employed workers, most of the time, once able to meet monthly expenses, attention turns to the factors listed below that have much greater significance in daily work lives: .
             1. Feeling they are making a contribution .
             2. Having a manager express recognition and appreciation.
             3. Respect of peers and colleagues - Independence and status.
             4. Involvement and information about activity in the company - The chance to contribute to company goals.


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