08-03-2015, 06:18 PM
(08-03-2015, 06:14 PM)Belsnickel Wrote: Interestingly enough, studies have shown this not to be true for the majority. Monetary incentives are not the drivers that many people think they are. Giving someone a higher level of ownership in the project, product, what have you has shown in studies to be a better motivator and resulting in higher performance than monetary incentives. On the surface it seems like the no brainer situation, but deeper down it isn't. So much so that we don't often realize it about ourselves. This is becoming more of a thing with the Millennial generation. I common theme among them is that they are more concerned about personal fulfillment than monetary gain in their careers.
Obviously there are those that buck the trend and these sorts of studies are hogwash to those in the hard sciences, but it's just some food for thought on this.
Millennials may want personal fulfillment. But they also want all their gadgets and gizmo's. And until those are free. They will still care about their income.
I also want to be fulfilled. But when I look at how much things cost then I start working more.
