It is also misinformative. Many will end up paying a huge price for sacrificing their higher level needs for self-esteem and self-actualization in an attempt to reach for basic security. An example of the manifestation of these needs is the hunger and thirst that occur when the body needs food or fluids to maintain normal operation.
Over time, they can become more complex once employees capture low-hanging fruit. Unfortunately, many businesses concerned about the short term bottom line have opted to promote high turn over to lower wages and keep down health care costs.
The approach is different and really works. In the world today they are right with the money is the key to motivation.
People need to earn money to provide food, shelter, and clothing for themselves and their families. Finally, human motivation is a complex issue and requires complex thinking to analyze. The rationale is that money is a more fundamental need in the hierarchy than passion or purpose, and therefore you can neglect the latter in favor of the former.
That said, it is sad that most managers do not know how to properly motivate employees, which is why a Gallop poll on 1M workers revealed that the 1 reason why people quit is due to a bad boss. Introduction It can be said that motivation within the workforce plays a key role in the overall productivity of the organisation.