Is money omnipotent, linked to the practical application of incentive theory analysis

Money plays a role in work motivation in modern motivation theory.

The incentive of money has different effects on different groups of people; For example, if there is a poor employee who is in dire need of money to meet the needs of life, then the money is very huge for him, so he will work hard for the money.

If there is an employee who is from a very wealthy family and is a rich kid who lacks nothing, then the purpose of his work is not what money brings him, but the meaning of the work itself to him, which is mentioned in Maslow's hierarchy of needs - the need for self-actualization, but in short, it plays a positive role in work motivation.

Drawbacks of monetary incentives

If an employee in the same position is given a more or less salary increase due to factors such as work experience, educational background, and regional income, then for such monetary incentives, employees who do not receive a salary increase or have a small salary increase will have a negative emotion.

There are such cases in our lives, for example, public institutions will give salary increases to incumbents based on graduate or double degree diplomas; Or when conscription, there are different subsidies in different source areas, but the places of service are the same, which will reduce the enthusiasm for conscription in less developed areas.

It has been said that money is the most effective motivator. As long as more money is given, the enthusiasm of the workers can be aroused. ”

Hello, this statement is both true and false. Indeed, money is the most effective incentive factor, employees will work hard for the company in order to obtain higher wages and bonuses, but also to give more money, you can mobilize the enthusiasm of employees, this is not necessarily, employees also need to have the care and care of the enterprise, every enterprise has his corporate culture, corporate culture will also attract employees to the company, through the humanities will also mobilize the enthusiasm of employees.

Summary. Hello, dear,Incentives related to material money are usually direct incentives.

2.What kind of incentives are usually related to material money? -|A+ Indirect Incentives - Hello, Dear,Incentives related to material money are usually direct incentives.

Direct incentive refers to stimulating the enthusiasm of the middleman by giving the middleman a reward of material money, so as to achieve the company's sales target. [Direct Incentive] is a model that will issue bonuses instantly. Scattered to **long private placement as an example, after the researcher recommended**, if the base of the gold manager, and then refer to the net contribution to the portfolio of the excess performance of the recommendation**.