Motivation

In psychology, motivation is the driving force (desire) behind all actions of an organism.

Is Money a Motivator?

Yes, at lower levels of Maslow's hierarchy of needs, such as Physiological needs, money is a motivator, however it tends to have a motivating effect on staff that lasts only for a short period. At higher levels of the hierarchy, praise, respect, recognition, empowerment and a sense of belonging are far more powerful motivators than money, as both Abraham Maslow and Douglas McGregor's Theory X and theory Y have demonstrated vividly.

Related Topics:
Maslow's hierarchy of needs - Empowerment - Abraham Maslow - Douglas McGregor - Theory X and theory Y

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Maslow has money at the lowest level of the hierarchy and shows other needs are better motivators to staff. McGregor places money in his Theory X category and feels it is a poor motivator. Praise and recognition are placed in the Theory Y category and are considered stronger motivators than money.

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