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Does Money Really Affect Motivation?

Money. It has been said that money makes the world go around. I am not sure that money is truely has THAT level of importance, but having money does make life easier.

We all need money. We all money. And most of us feel we don’t have enough of it.

“It's good to have money and the things that money can buy, but it's good, too, to check up once in a while and make sure that you haven't lost the things that money can't buy.— George Lorimer

How much should people earn? Even if resources were unlimited, it would be difficult to stipulate your ideal salary. Intuitively, one would think that higher pay should produce better results, but scientific evidence indicates that the link between compensation, motivation and performance is much more complex. In fact, research suggests that even if we let people decide how much they should earn, they would probably not enjoy their job more.

Even those who highlight the motivational effects of money accept that pay alone is not sufficient. The basic questions are : Does money make our jobs more enjoyable? Or can higher salaries actually demotivate us?

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