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Remuneration is the most important factor motivating in today's workplace

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According to Richard M. Ryan and Edward L. Deci (2000), to be motivated which means‘to be moved’ to do something. A person without drive or encouragement to act isdescribed as unmotivated, while someone who is energized or make active toward goalsis considered motivated. Normally, people have their goals in their career for examplebeing success, wealth or acknowledge or a promotion. A person that pursuit their goal isclassified as motivated people. Employees may work hard for one of two reasons:intrinsic motivation or extrinsic motivation. Intrinsic motivation is defined as the doing ofan activity for itself, such as Psychological and Job satisfaction (Richard M. Ryan andEdward L. Deci, 2000). Extrinsically Motivated Employees serves to satisfy indirectneeds (Frey, B. 2002), who are Income Maximisers and Status Seekers. As a result,motivation depends on many factors.Firstly, Income Maximisers is a type of person, who is only interested in remunerationand "money answers all things" for them, which is an Extrinsically MotivatedEmployees. For example, improved sales for the better commissions or faster workoutput to get large bonuses usually see in the Income Maximisers. In this way, money asmotivation to help them work harder, develop them to achieve. There is no doubt thatsalary is an crucial part for individuals as it forms the basic essential to surviving andsatisfies the basic needs put forward by Maslow in his hierarchy of needs models such asfood, shelter and clothing. They only force on obtaining the maximum quantity of goodsand services for consumption to increase their income level. However, it is not the long-term factor to encourage or motivate employees. Also, high performance of work doesnot just be achieved only by money (Latham and Locke, 2004). In a long term, this workmakes them feel inconvenienced and boring. According to Fredrick W Taylor (1911) inhis Theory of Scientific Management, Taylor argued that workers should be paid fairlyfor a fair days job. However, Taylor points out the initial step that motivating worker ismostly by being paid. Thus, Taylor concerned about the payment attitude of managementfor workers. Moreover, workers do not clearly take enjoyment in work and so need closedirection. Therefore, managers should divide production into several parts. Also, in orderto achieve efficiency, workers need to be trained and given a time to adapt with theequipment. In that way, it can improve a person who only concerns about money ratherthan love their job.

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Term
Spring
Professor
Thanh
Tags
Business, The Land, Fredrick Herzberg, B Frey, Income Maximisers

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