Improving Employee Motivation With Money Term Paper by The Research Group

Improving Employee Motivation With Money
Examines whether pay/wages is a useful method of improving employee motivation.
# 24532 | 2,250 words | 24 sources | 2002 | US
Published on Mar 12, 2003 in Psychology (Motivation Studies) , Business (General) , Labor Studies (General)


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Description:

Examines whether pay/wages is a useful method of improving employee motivation. Links the concept of money to motivation theory & link with job satisfaction. Discusses causal models; hierarchy of needs model; Expectancy theory; goal setting; Management-By-Objectives (MBO). Assessment of money as the prime motivator. Performance-based compensation system. Concludes that compensation is not the only motivator.

From the Paper:

"MONEY AS A MOTIVATOR: A REVIEW

Introduction
This review focuses on the following question: How useful is pay as a method of improving employee motivation? In the review, the concept of money as a motivator is linked to motivation theory.

Defining Motivation and Motivation Theory
Motivation is the process of persuading individuals to act in a desired way. Within most organizational environments, motivation is the process of persuading members of the organization to perform in a productive manner. The need to motivate members of an organization to perform in a productive manner is a well-accepted premise. Disagreement exists, however, in relation to the best means of motivating individuals within organization ..."

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APA Format

Improving Employee Motivation With Money (2003, March 12) Retrieved March 24, 2023, from https://www.academon.com/term-paper/improving-employee-motivation-with-money-24532/

MLA Format

"Improving Employee Motivation With Money" 12 March 2003. Web. 24 March. 2023. <https://www.academon.com/term-paper/improving-employee-motivation-with-money-24532/>

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