Who Does Money Really Motivate?

Posted by Mike Ramm on October 24, 2007

MoneyI’ve been a manager for quite some time and I have always wondered how to motivate my people to work better but I have never got a good answer. Until recently, when I read Pawel Brodzinski’s post Money as a Motivator and David Carr’s 7 Reasons why Money is not the best Motivator. Pawel also referred to Rob Walling’s post Nine Things Developers Want More Than Money.

We all know Frederick Herzberg’s Two Factor Theory. There are motivation and hygiene factors that drive our job satisfaction. Here is my simple understanding of them:

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