Money Remains the Primary Motivating Factor!

Two Factor Theory (Human Motivation)
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Two Factor Theory (Human Motivation) > Best Practices > Money Remains the Primary Motivating Factor!

Money Remains the Primary Motivating Factor!
Everest Turyahikayo, Manager, Uganda, Member
Never forget: money remains the primary motivating factor of employees.... Here in Uganda, the oldest national university Makerere has been closed due to striking lecturers over poor pay. They don't complain about harassment or poor working environment. And even if their counterparts in private universities are paid 10 times less than them, they don't complain of poor pay! Today on 5 September 2011, all teachers in public primary schools have threatened not to teach the first term due to poor pay. Some of their colleagues teach in private schools on a voluntary basis because recruitment has reached a ceiling. This prompts me to think that what motivates employees is money. Other factors are minor and secondary. (...) Read more? Sign up for free

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  The Primary Motivational Factor is Situational
Jaap de Jonge, Editor, Netherlands
  Overall I agree that for many people, money is an important factor.
But I think the question if it is the primary one for the motivation of some person is situational and depends on manythings:
1. Personal preferences
2. The current financial position of the person (poor or rich?)
3. The age of the person (for example; 20-doesn't need a lot of money. 25/30-earning to support family. 50-children have left the house, but may want to travel? 70+ enjoys the simple things in life - needs very little money)
4. The country and economic circumstances he/she is living in.
5. The emotional state of the person (just after a divorce or after a funeral?)
6. Etc.
So as a manager, you're well advised to ask your employee individually what are his/her (current!) preferences.


   
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Two Factor Theory (Human Motivation)
Summary
Forum
List of Intrinsic Motivators
The 2 Most Important Words to Say to your Employees
🔥Achieve a State of Flow and Motivation
Employee Motivation: It's not About the Money!
Best Practices
🥇How to measure motivation?
🥈Privacy at Work | Privacy in Offices
🥉How to Create a Psychologically Safe Workplace?
Motivation Engenders Commitment
Civility and Respect towards Employees
Nothing Flourishes Without Attention
What motivates Employees to be more Innovative?
Using Herzberg's Two Factor Theory in Small Companies
What are (the Main) Causes of Attrition?
Application of Two Factor Theory in Non-Governmental Organizations
Education Motivation
Hygiene and Motivation: Hand and Glove
PROs and CONs of Employee Of the Month Programs
Scope of Herzberg's Two Factor Theory
Stress inTwo Factor Theory
Two Factor Theory Still Holds Today?
Two Factor Theory 2.0
Additional Hygiene Factors
Hygiene Factors and Employee Information System
Increasing Employee Motivation and Satisfaction with Job Titles
Money Remains the Primary Motivating Factor!
Strong Motivational Factors Can Overcome Demotivating Factors
Avoid Under and over Motivation
Is Lack of Of Challenge a Hygiene Factor?
Social and Environment Issues Missing in 2 Factor Theory?
How to Keep a Workforce Motivated at Crossroads


Two Factor Theory (Human Motivation)
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