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Post by kelseywatson on Apr 18, 2014 22:55:01 GMT -6
The study that the economists performed is an interesting concept, in that money motivates, but too much money takes away from the task at hand and actually creates inefficiency. I think personally the greater the prize, the more someone would work towards it, so I find the video intriguing. What the video states does make sense, in that we all need a purpose, and employees will work efficiently and harder when they have a purpose other than making money. At the same time it states that we need to make a certain amount of money where we feel comfortable. I really like the idea that the one company did for their employees by giving them 24 hours to do whatever project they want with whoever they want.
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Post by allisonschex on Apr 21, 2014 17:55:17 GMT -6
Everyone is motivated in different ways. I believe that before a manager rewards an employee they should think about the person they are working with to determine what will mean the most to them. A lot of the time a good incentive is money but some people would rather something as simple as a better office.
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Post by jessweaver on Apr 22, 2014 22:35:48 GMT -6
I like this video but I do not think that you can define what motivates a person. Everyone is motivated by different things and I do not think that two people can be motivated by the same thing. For instance, I am motivated by success. I want to be successful in life and for some that means being rich or famous, but for me it means being happy. Knowing that I woke up every morning and gave it all that I had. Everyone defines success differently. I think that managers should hold more seminars for their employees on motivation. In the end, no one or nothing can motivate you better than yourself. You just have to figure that out first.
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Post by amandayoung3231 on Apr 23, 2014 10:36:23 GMT -6
This is so true. I like new challenges in life. It makes me feel like I have purpose and that I can make a difference. If you get bored at your job you might not do as well with it. But when you are presented with challenges or make challenges for yourself then you have created purpose. I will remember this in my career path.
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Post by lmoore on Apr 24, 2014 21:05:06 GMT -6
It is a fact that money is a motivator at work. I agree with Daniel Pink that if someone is paid enough they won’t think about the money but about the work. He mentions three factors that lead to better performance: autonomy, mastery and purpose. Autonomy is the desire to be self- directed and science shows that we want to be. Organizations that have a purpose make going to work better and that’s how to get better talent. If we start treating people like people, and look at the science we can build organizations that make us better off as well as make our world better.
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Post by dnewson on Apr 27, 2014 14:07:31 GMT -6
I see the issue with bonus incentives at my company, people become more obsessed than motivated to make their bonus that they will do whatever it takes to make their numbers. Which sometimes can be inflated to meet their goals which in the long run can backfire on them. Monetary motivation is not always best in either business or personal situations.
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Post by racheleperes on Apr 27, 2014 17:29:11 GMT -6
I think video was quite interesting. The harder you work, the more of a bonus you receive. But when it comes to thinking cognitively, the bigger incentive someone has, the less productive they work. I find this to be true. Your higher level managers don't work as hard as someone who is at entry level or mid-level management, because they already make more than their employees so they feel that they don't need to work as hard.
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Post by mwinner123 on Apr 28, 2014 20:06:43 GMT -6
I have to admit, I never thought of motivators this way. I've always thought that in most cases, if you increase the reward, you increase the productivity! But this shows that that only works for simple tasks, rather than truly cognitive provoking tasks. I like how he referred to treating your employees like humans, rather than profit gainers, because they truly feel engaged as an intricate part in the company, rather than a horse with a stick and a carrot. So often, businesses become blinded by profits and forget to focus on the ideas and pieces that make that profit possible. When we lose engagement, we lose business. By helping our employees find a purpose and drive in their life, we motivate them to be more involved and excel in their personal lives with things that they love. His example of the computer programming experiment for 24 hours of freedom is brilliant. It lets your employees think without restriction. In those situations, you find the most innovation. Treat your employees like intricate pieces of your company and watch as your morale and engagement begins to rise.
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Post by wwerner on Apr 29, 2014 10:49:39 GMT -6
The more money you make the better you work will be. I find this to be true if your boss thinks your only worth minimum wage then your gonna give minimum effort. If you make 20% more than your co-workers you are gonna give forth more effort to prove that you are worth that amount of money.
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Post by Jessica Aucoin on May 1, 2014 15:26:40 GMT -6
Two long videos in a row? You are killing me professor! Anyway, I did find this video interesting. I really agree with the message: If people are treated more like people instead of just a work horse, then our world might be a little bit better. One of the biggest things that I’ve learned through school is to always follow your passions. Passion is what makes you get up out of bed in the morning and go to work with a smile on your face. Like he said in the video, people will do things like edit Wikipedia for free just because they enjoy it and I think that’s where passion comes from. If people can go to work, enjoy themselves, and feel like their work is satisfying, it can lead to great things for a company. I think it’s important for managers to know this so that they don’t suppress workers from using their passion to reach their full potential and benefit the company in this way.
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Post by codylejeune on May 1, 2014 21:49:38 GMT -6
Incentives and rewards make work more interesting and makes employee's more inclined to do their job to the best of their ability. The incentives need to be appropriate to the task at hand. If the incentive is money, then enough should be placed so that the job could get done with ease of mind.
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Post by ashleysegalla on May 3, 2014 17:03:36 GMT -6
If tasks involve mechanical skills, large rewards led to good performance. When cognitive skills were required, then the performance got worse with large rewards. For simple tasks, rewards are a good way to get people to perform well. For more creative tasks, people do not perform as well. You should pay people enough so that they're not thinking about the money, but the work. You should let people do things for fun. People want to make a profit, but they also want to have a purpose. If you give people a purpose, then they are more likely to perform how you would like them to.
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Post by jsherman on May 4, 2014 13:13:23 GMT -6
This video was very interesting. What motivates people varies but I see that depending on what the task is, is how your results will appear. Money is the motivation and motivation is can change how you view any and everything in life. Without motivation, nothing would be accomplished. I really enjoyed this video. I really like the ones when they write on the dry erase board (I wonder if they really draw all of those pictures and text), because I am a visual learner and that's helpful. Great video and facts
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Post by brettstirling on May 4, 2014 21:40:01 GMT -6
I like this video because this is a very new concept compared to the other videos. As soon as he mentioned money was an effective motivation too for complex, intellectual tasks I almost knew right away why this was. If you incentivize with money for complex critical thinking tasks, people are more worried about the money than staying on track for the task. Which is exactly why sufficient pay would be to remove any reason a person would focus on the money behind the work. Having a purpose proves to be far more productive than an incentive though. As he explained, some of the better innovations came from off the clock, during their own time, and with no pay; all from purpose, mastery, and self direction.
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Post by nataliedodds on May 4, 2014 21:49:26 GMT -6
This video reminds me of being in Sunday School, and getting star stickers for answering a question right. Who really needs a star sticker? What good do they do? I liked it because it made me feel like I was appreciated for putting forth effort. Everyone likes to be acknowledged for what they do, no matter how great or small the acknowledgment is. Money is obviously a motivator, but so are kind words or being treated to lunch. Humans like rewards and more motivated to complete tasks when they know they will be rewarded in the end.
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