Money and Motivation

Does money motivate?  As a compensation expert for many years I say “No,  I don’t believe money motivates at all!”

I believe simply that inequitable, unfair and misunderstood pay practices are huge de-motivators. However, just because an employee is fairly paid, they are not necessarily motivated to do more or go that extra mile when needed.

Each of us are internally motivated to perform well when we are passionate about what we want to do, or the work is meaningful.  My friend and colleague, Ann Tardy, is currently riding her bicycle across the US in an attempt to find out why people love their jobs!  Visit her blog MoxieRide, and read some of her interviews with people in all walks of life and types of jobs. And think about it…what would your employees say!

What inspires you in your work?

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