Student Name: …
Student No: ….
Lecturer:….
TABLE OF CONTENTS
1.0 Introduction
2.0 Theories
2.1 Maslow’s Needs Hierarchy
2.2 Herzberg’s two-factor Theory
2.3 David McClelland’s theory
3.0 Survey of job satisfaction
4.0 Money and Motivation
5.0 Conclusion
Many experts argue that people do their best work when they are motivated by a sense of purpose rather then the pursuit of money. Do you agree? Critically evaluate and explain your position.
“Can’t buy me love” (Filipczak & Bob, 1996, p. 29)
This statement was mentioned in the magazine “Training”, which is related to the thoughts of the motivation. People look for job and want to work in satisfaction. Some people believe that the factor of the job satisfaction is money, which means employees are motivated to do their work by money and do their best work. However, through money, we cannot buy a motivated, committed, productive, enthusiastic, and creative work force (Filipczak & Bob, 1996, p. 29). Researchers who study of motivation for job satisfaction introduced the theories like Herzberg’s two-factor Theory, Alderfer’s ERG Theory, Equity Theory McClelland’s Theory, Expectancy Theory, McGregor’s theory X and Y,. All the theories, which were mentioned above, have been used to prove that employees are motivated other factors not money and factors of motivation (Sarin, 2009, p. 237). According to the studies of experts, people made the best performance in their job when they are motivated by intrinsic matters which are making job satisfaction, rather then extrinsic matters. (Filipczak & Bob, 1996, p. 29). I strongly agree with this notion regarding relationship between money and motivation for job. This article will provide the reasons why money is neither a factor of motivation nor a
References: Herzberg, F. I. (1968). One more time: How do you motivate employees? Harvard Business Review, 46(1), 53-62. Matheny, & Lance G., Nov 1, 2008, Money not key to happiness, survey finds, Physician Executive, pp Rewards to Motivate (Why it 's not the whole story), 2006, The Canadian Manager, vol. 31, no. 1, pp Rolf E, Rogers, Robert H & McIntire (1983) Stern S, Aug 5, 2008, ‘Keep up motivation levels through long summer days’, Financial Times, p.12, Retrieved 27 Oct 2009 via ProQuest, ISSN: 03071766