Why is Money Not Motivating to Employees, But it is to Managers? « KnowHR Blog

Why is Money Not Motivating to Employees, But it is to Managers?

Aug 16

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?

About the Author

Frank Roche

Frank started IFRACTAL over 7 years ago with Sarah Chambers. Together, they've created HR communications and HR software for some of the world's leading companies. Frank is also studying Flamenco guitar and origami.

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Comments

Yvette Bethel says:

August 16, 2007 at 2:24 pm

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.

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Frank Roche says:

August 19, 2007 at 6:52 pm

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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