Saturday, 25 July 2015

Motivation without money

Motivation without money. Money motivates to get us to work. It also helps us have options – up to a point. However, scientific study, after study, all agree that money does not motivate when at work. Top organisations are doing away with the annual appraisal, with simple but blunt ratings system and reinforcing the benefits of ongoing regular 1:2:1’s as a way of managing & creating an environment to help motivate colleagues. They all realise, that money does not motivate, it may act as a form of recognition, but does little to getting the best from people. After all, many of you reading this, earn less than, but are more motivated than your boss! All this proves that money does not motivate. So what does? Again, Science has the answer, which again is backed up by years of study. Challenge and Mastery – wanting to get better at something Autonomy – the ability to control your own schedule (usually within constraints) Purpose – Does the organisation align its purpose with my values – and use my strengths? If you valued this post and want more practical tips, please do share this & follow me – thank you.