In my point of view mony is not the only motivation factor becouse.
in a wark place many thing is required to motivate a suberdinates or require the same thing for self motivation also .
1> recognization to a good work
2> giving continus feed back
3> helping to learn
4> guide give a path.
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It is true that money is important, but more important is that people feel they are treated well. I know that I could work for more money in other places, but I stay where I am because I like working there. If employees are treated badly but paid well, that might not be enough. People have to be treated with respect, and there is only some amount of abuse they are willing to take.
I think that in an indirect way money may be the biggest motivator in that it leads to being able to provide for yourself and your family. If it were not for money, we would not be able to pay for the basics of life.
Money is not the only motivator, in fact, it's not even the best one (though maybe in the top 5). Most psychologists and sociologists would say that intrinsic motivators are much more powerful. Pride in your work, mentioned above, the feeling that your work has value and contributes to society in a meaningful way, wanting to support your team members (or not wanting to let them down), helping people, all of these would be intrinsic motivators that can trump monetary rewards.
One way in which money is a powerful reward is that it offers security in your life, and comfort, both intrinsic motivators in and of themselves.
When you are posting a business/money question on a forum full of teachers, you will not be alone in your ideas that money is the only motivating factor for hard work and success. If any of us believed that, we would be in other professions.
As an educator and a counselor I am motivated by seeing how my actions evoke change. Often, I am too narrowly focused to see where my success lies. My most influential/motivational bosses were the ones who pointed out to me the way my actions were positively influencing the bigger picture.
I think many people motivated by genuine gratitude and praise. I also think just as many people are motivated by competition. When there is a balance of these factors in any work place, facilitated by a competent overseer, there is usually a lot of productivity.
Besides the things that you mention, I think one thing that motivates many workers is pride. Many people want their work to reflect their abilities -- they want to do their best all the time. A manager could motivate workers by focusing on this fact.
One the other side of the coin, there are many people who are motivated by fear. The fear of losing a job or of looking bad in front of coworkers is a serious motivating force.
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