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What Intrinsically Motivates Us (Hint: It’s not money)
David, a tech leader and a father of two, was in a big dilemma about a job offer. The money was higher than what he was making in his current job, but something else didn’t feel right. His friends said he should take it – “after all, you do the work for money, like a mercenary.” Humans are driven only by money, and materialistic rewards is a false premise. Research shows that additional money doesn’t increase our motivation when we have enough money to meet our regular needs (higher than just basics). Especially if the work needs creativity or deep thinking, money doesn’t guarantee higher performance. In his book Drive, Daniel…
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Drive – The Surprising Truth about what Motivates us
Carrot and stick – reward and punishment- is an age-old technique for getting things done by others. The corporate world has adopted this mantra almost as the panacea for employee motivation. But Daniel Pink tells us a different story. He says carrot and sticks works well only when the task is algorithmic (well-defined steps), it loses its effectiveness for tasks that requires even little bit of thinking and creativity. In today’s world, most high-tech jobs have lots of ambiguity and demand lots of creativity in order to perform them well. According to Pink, employers need to start thinking about different ways of motivating these knowledge workers. When an employee gets…
