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Published: Mon, 5 Dec 2016
Money is the biggest motivator of people at the workplace. Most people are motivated by money. According to Alison Griffiths, journalist of Metro Canada, survey showed that 53 percent of Baby Boomers in Canada did want to earn more money while 32 percent of them did plan to open a own business after retirement to earn more money too. Besides that, Reuters (2012) also stated that 31.4 percent of Americans aged from 65 to 69 were still working in year 2010, compared to year 1990 with a lower percentage which is 21 percent. These showed that Baby Boomers value money as an important motivation factor. For example, A Generation X employee tells a Boomer manager that he had been working too hard and request for taking an off for family vacation. Instead of saying thanks, the Boomer replies, “I work to get ahead, to get a promotion, not for a vacation.” The Boomer manager then gave the employee a bonus, rather than a vacation (Hammill, G., 2005). In contrast, Generation X seek a work-life balance where they will take less money if they are given opportunity to work lesser hours and have time off to spend with family or take a vacation. For them, money act as an incentive or reward but it does not add value to the job. Whilst, Boomers are attracted to position and even more money rather than placing value on vacation time or flex time. According to Mcshane (2010), Generation X and Generation Y employees expect a more egalitarian workplace. For them, money is an important factor but it is not a standalone. A study by Accenture consulting firm found that 50% of middle managers were interested in new job that provide benefits such as more time off rather than more pay (Williams, R., 2010) Thus, money is very important to employees for number of reasons. I firmly believe that money is the major and biggest motivator at the workplace. Some of the motivation theory model also explains the importance of money as a major motivator factor such as Maslow’s Needs Hierarchy Theory, ERG Theory, Equity Theory and etc.
1. tom is on holiday and he is spending his money very quickly. if hecontinues like this, he will have spent all his money before the end of hisholiday. (spend) 2. tomorrow afternoon were going to play tennis from 3 oclock until 4.30. so at 4 oclock, we will be playing tennis. (play) 3. this time tomorrow, maria will be sunbathing on a beach in majorca. (sunbathe) 4. by the time you get home i will have cleaned the house from top to bottom. (clean) 5. do you think you will still be doing the same job in ten years time? (do) 6. look, i can give you a lift to the station - i am driving that way anyway. (drive) 7. wake me up by nine oclock - i will have been sleeping long enough by then. (sleep) 8. dont phone me between 7 and 8. we will be having dinner then. (have) 9. its strange that when we get to sydney, we will have flown half way round the world.(fly) 10. phone me after 8 oclock. we will have finished dinner by then. (finish)
Jenny needed a coffee because she had been shopping all morning