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Words: | Submitted: Thu Aug 19 2004
... gods". As we can see, it can not be denied that money is so important for people. Therefore, Patton (1999) claims that monetary incentive is the best way to motivate employees to do their jobs better. He argues that employees will stop working if they were not offered a paycheck. It is ridiculous to think money can not motivate employees. However, although money is important for people, it does not mean that giving employees financial incentives can guarantee them work better (Spitzer, 1996; Kohn, 1998; Gardiner, 2003; Romano, 2003). Gardiner (2003) argues "we think other people are more mercenary than they really are". Of course, people like money, but money will not be effective if employees' other need is ignored. Kohn (1998) states the correlation between money and performance is not strong. Using money to incentive employees has some problems. Firstly, money does not have a "staying power". Employees will ...
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