THE HUMANITY OF CAPITALISM LO9791

Bill Hendry (sfidba@scfn.thpl.lib.fl.us)
Fri, 6 Sep 1996 09:39:38 -0400 (EDT)

Replying to LO9709 --

Gary makes a great point about money and motivation...

I have found that Herzberg's Hygeine model is a great discussion starter,
when I illustrate the satisfiers and disatisfiers. I have come to the
conclusion that money is a motivator IF you don't have what you consider
to be a fair amount for the level of effort you are giving. Once you have
that level, there is diminished returns on more $. Money is easy to talk
about too..

-- 

Bill Hendry | work e-mail: sfidba@thpl.lib.fl.us Organizational Development Consultant and Trainer Hillsborough County, FL (813) 276-2727, fax (813) 276-2197

On Tue, 3 Sep 1996, GSCHERL wrote:

> Replying to LO9657 -- > > Robert L. says: > > > What constitutes a "satisfactory" amount of money is a slippery > > concept, and it will vary quite a bit from person to person, but I > > believe it does exist. Because of this, I think that the idea that > > "Money is not a motivator" is valid, but incomplete when dealing > > with people with a variety of financial positions. Thus I like the > > "Money is a satisfyer" concept. > > You've made an excellent distinction about money. In the corporate > world, more money is often an indicator of recognition or success > rather than an actual motivator. Insufficient amounts of money does > lead to constant focus on money as a motivator. > > Identifying "satisfactory" amounts of money is too subjective, and I > don't think we can find it. The person who was raised in one room in > the ghetto will have completely different 'satisfaction' levels than > the person who was raised in a 10 million dollar mansion in Beverly > Hills. > > Money is initially a motivator, until that person's 'satisfier' level > is reached, then it becomes a satisfier. Sort of like Maslow's > hierarchy. You need a certain amount of money to get past the > survival stages of need, then after you start receiving that amount, > you start looking at money as a satisfier for your desires. How much > money is needed as a satisfier then become subjective to each > individual. > > "Time is more important than money. You can always get more money, > you can never get more time" Jim Rohn > > Gary Scherling > Helping people help themselves > http://ourworld.compuserve.com/homepages/GScherling_GMS_TPN > -- > > GSCHERL@fed.ism.ca (GSCHERL) > > > Learning-org -- An Internet Dialog on Learning Organizations > For info: <rkarash@karash.com> -or- <http://world.std.com/~lo/> >

Learning-org -- An Internet Dialog on Learning Organizations For info: <rkarash@karash.com> -or- <http://world.std.com/~lo/>