While people expect fair pay for their services, we all know that money isn’t king. Nevertheless, when it comes to business we all too often act as if it were. We think purely in terms of salaries, bonuses, and people’s positions on the org chart. While we pay lip-service to the idea that people may have non-financial motivation for their work — acknowledgement, appreciation, pride in accomplishment, enjoyment and so forth — we spend all our time working out how to incentivize our workforce with financial rewards.
To Motivate People, Give Them Something to Be Proud Of
Money is not the best motivator.
November 23, 2012
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New!
HBR Learning
Leading People Course
Accelerate your career with Harvard ManageMentor®. HBR Learning’s online leadership training helps you hone your skills with courses like Leading People. Earn badges to share on LinkedIn and your resume. Access more than 40 courses trusted by Fortune 500 companies.
What you need to know about being in charge.