Thought I had over coffee this morning:
Why is it that the same managers who use “people don’t work for money” to justify underpaying workers are convinced that their own bonus and long-term incentive plans are great and highly motivating?
Why is Money Not Motivating to Employees, But it is to Managers?
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What a wonderful double standard!! It is quite thought provoking…
I find that this phenomenon happens in my realm when managers are being rewarded for keeping their staff costs within budget.
Yvette, it’s one of those things that’s a funny contrast — we believe that money doesn’t motivate others but it works for us. That bonus plan you talk about is a scary one. Hmmmm, says me.
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