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I'm in the middle of an MPA program and this video was incorporated into one my professor's lectures recently. What particularly interested me was the segment that starts about 4:15 where the lecturer basically posits that money is a motivator, but not in a linear progressive way:
He basically explains if you don't pay people enough, they won't be motivated, but if you pay them enough so that the issue of money is "not on the table," they won't be thinking about money and that they'll perform better. I've often thought about this as I'm attempting to advance my career through a graduate degree hoping that I can get over a "hump" with regard to salary into a position that pays what I consider a comfortable range given my family situation, etc... I just thought it was an interesting piece of research and would be curious to hear what others think.
The research is right about fulfilling a personal purpose after earning enough money. I especially agree with the comment about self mastery.And ascribe meaning to the job you do. Money is only motivating up to a point, beyond that it is no longer an incentive in the linear progressive way.
You can see this in examples all around us. People working for something that's meaningful to them, working overtime voluntarily and getting fired up by intrinsic motivation.
The research is right about fulfilling a personal purpose after earning enough money. I especially agree with the comment about self mastery.And ascribe meaning to the job you do. Money is only motivating up to a point, beyond that it is no longer an incentive in the linear progressive way.
You can see this in examples all around us. People working for something that's meaningful to them, working overtime voluntarily and getting fired up by intrinsic motivation.
Those people are delusional, and selfish to drag normal people along with them by raising the bar for everyone.
Isn't that common knowledge for a while? At around $60-75k (Or so, I forget study numbers) people just don't "need" more money so they won't be much more happy with getting more. At this point people just want to be autonomous and do their jobs
Isn't that common knowledge for a while? At around $60-75k (Or so, I forget study numbers) people just don't "need" more money so they won't be much more happy with getting more. At this point people just want to be autonomous and do their jobs
That's not a great benchmark study There's too many definitions of happy. I, for one, won't feel happy until I have a certain amount of disposable income. Minus taxes and expenses. This varies according to my lifestyle and other things.
I'm driven by money and money alone. F everything else!
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There's too many definitions of happy. I, for one, won't feel happy until I have a certain amount of disposable income. Minus taxes and expenses. This varies according to my lifestyle and other things.
