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Money Is Not the Only Motivation

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Money is not the only Motivating Factor Introduction The aim of this academic research assignment is to look into the area of why I believe Money is not the only motivating factor in our current working society these days. We live in a day & age where people are no longer just interested in being able to earn for a living, although it does enable us to fulfill the basic necessities of our daily lives, like paying for our bills, our transport expenses, etc. However, more than just that, people are now looking for more in their jobs. Nowadays, people don’t want just a good salary, or a good payment package from their employers, they are also looking for greater meaning & purpose in what they are doing. It takes a combination …show more content…

At this level, it’s already way beyond just their need for survival. Research has shown that only 29 per cent of Australian public service employees say they feel valued for their contributions to their work (McShane, 2010, Organisational Behavior on the Pacific Rim, p. 174). Comparing the Levels of Needs Let’s take some time to look at the 5 needs we have mentioned above, and compare them. It is true that every human being is naturally wired with the same need for survival. Food, water, a place to live in, all these are a part of what we have come to term as “Basic Necessities”. Let’s take a look at 2 different scenarios: (a) An employee that is struggling with financial debts. If an employee is struggling financially in his life at the point where he has a job, its natural that he’s first priority is for his survival. The ability to acquire income so that he can pay for his food, his transport, or even his rent. The fear of not having enough money to eat, or to take public transport, or even having to stay on the streets is what keeps that individual motivated to keep his job & do well. (b) An employee that has been working for 1-2 years in a company & has a stable salary. If we look at another employee who has already been working for a couple of years, and is no longer struggling financially, then perhaps the employee will not need to worry about his basic necessities that much.

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