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That's correct, that's why I said financial motivators don't matter _after_ you already have a comfortable life (your needs are satisfied). [1] and [6] both arg
by tovej 5y ago
That's correct, that's why I said financial motivators don't matter _after_ you already have a comfortable life (your needs are satisfied). [1] and [6] both argue that rewards that aren't conditioned on performance (e.g. salary) don't detract from intrinsic motivation and that a competitive salary is a good motivator.
- buran77 5y ago> financial motivators don't matter _after_ you already have a comfortable life Oh, this is a slightly different topic. Of course if your belly is growling money will motivate you a lot, and that motivation tends to go down the more you go past your comfort baseline. But think of pay disparity for example. Maybe your belly is full but your slacker colleague is making more money than you. That has a good chance of demotivating you, making you ask "why should I try harder?". Reducing this disparity and (perceived) inequity, eliminating the demotivating factor, goes a long way and has a far longer lasting effect than just the same extra money would bring otherwise.
- tovej 5y agoI totally agree, salaries aren't bad, bonuses are. And pay disparity can be a problem, especially if salary data is hidden. I think most of the time the problem is a lack of openness about salaries and why they are as they are.