What do you feel is a stronger motivator: intrinsic or extrinsic rewards? Why do you feel this way?
ANSWER THE ABOVE DISCUSSION AND THEN REPLY TO MY CLASSMATE RESPONSE TO THE ABOVE QUESTIONS AND EXPLAIN WHY YOU AGREE? (A MINIMUM OF 150 WORDS EACH)
For me personally, intrinsic rewards are more motivating, but I feel for most people extrinsic rewards are more motivating. The employees that I have had the pleasure of supervising were much more appreciative and motivated by receiving rewards such as certificates to hang on their wall, a dinner for two for them and their spouse, tickets to sporting events, prepaid cards to Walmart or anything tangible they could touch and feel. I can be self-motivated just by obtaining a goal that I set or an increase in sales due to my management style. I admit, when I first started my career, I could be motivated by the extrinsic rewards, but as I have been around a little longer, I now just prefer the intrinsic rewards. I think management does have to know their employees, so they understand what does motivate them. Motivation is important for job performance, employee retention, self-esteem and morale. The cost of motivation is minimum, but the value of motivation is significant.
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