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Money vs. Happiness

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Happy, satisfied employees are more productive and have higher morale versus Money is the only motivator that increases employee success on the job.

Introduction

The two conflicting points of view in relation to the motivation and productivity of employees are very essential in selecting the most appropriate view about performance and effectiveness of business operations. Most business organizations struggle a lot in motivation and reward of employees towards improvement in the performance of the organization. Some organizations put emphasis and focus on the happiness and satisfaction of employees at the job in order to boost their morale as well as improving the performance of the business operations and activities. Such organizations focus on the morale and the happiness of the employees as the main determinant of the operations and performance at the job or tasks of the organization.

On the other hand, some organizations focus on money as the main motivator towards the performance and operations within an organization. They consider the remuneration and salaries as the main matter of consideration that influence profitability and efficiency of operations of the business in an organization. The point of view relating to money as the main motivator, focus on money as the main source of energy and motivation towards improving the energy and performance of the employees at the operations of the organization (http://reaser.eu/RePec/rse/wpaper/R5_5_DobreOvidiuIliuta_p53_60.pdf). The conflicting views on the performance and motivation of employees are a very important matter of consideration because the employees play a key role in the performance and daily operations of any business organization. The business organizations should, therefore, assess most appropriate alternatives in assessing and motivating its employees. The motivation of employees should value the two points of conflict in order to influence the general performance of the business both in the current and future operations.

Arguments for the topic:

The happy and satisfied employees have high productivity in the job compared to the use of money for motivation. Motivation of employees on the basis of their happiness and job satisfaction plays a key role in improving the overall performance and productivity of the employees towards the success of the organization. The working conditions and a stable working environment is an essential factor of consideration in improving the satisfaction of the employees. The organization offers a friendly working environment for employees in order to make them happy and lively at the work place. The workplace needs classic facilities like air conditioners and appropriate lighting in order to provide an effective working environment for the employees. The organization ensures appropriate ventilation at the offices and the work place in order to make employees happy as well as improving their levels of job satisfaction. The happy and satisfied employees will have the energy and morale to carry out their tasks and job activities in the most appropriate manner.

The influence of the working environment on the performance of employees plays a significant role in influencing the performance of an organization in various ways. The working conditions also have an influence on the nature of the attitude of the employees towards the activities of the organization. The poor working conditions and the working environment of an organization have a negative impact on the productivity and satisfaction of the employees. The low levels of satisfaction and happiness of the employees at the job place leads to poor performance in the operation of the business. The satisfaction and happiness play a crucial role in determining the effectiveness and productivity of employees in carrying out various tasks and responsibilities in an organization.

The forces and aspects relating to team-work among employees will influence their levels of happiness and satisfaction in an organization. The spirit of teamwork and togetherness of employees is essential in motivating them to work towards improving the productivity and efficiency of operations (Wiersma 103). Teamwork and unity of employees at the place of work play a significant role in boosting the morale and energy of the employees in carrying out challenging and difficult tasks and job activities in an organization. The aspects of teamwork and cooperation among employees helps in boosting their satisfaction and happiness at the place of work, and this leads to a general improvement in the performance and productivity of the employees.

The training and professional development of employees plays an essential role in boosting their levels of satisfaction. The recognition of employees in various training programs will help them improve in their productivity and performance in the organization. The participation of employees in the decision making of an organization will boost their levels of job satisfaction leading to the overall growth in the performance of an organization. The recognition of the employees in the decision making process and the implementation of various projects, will make them happy and satisfied resulting in higher levels of productivity in an organization.

Arguments against our topic:

On the other hand, money is an important motivator in the performance and operations of a business organization. The levels of income and salaries of the employees play a crucial role in boosting the productivity and performance of an organization. The payments made to the employees influence the extent of motivation in carrying out various jobs and tasks in an organization. The highly paid employees in an organization are motivated to perform challenging tasks and activities in order to maximize their levels of income (Fair & Silvestri 9). The high level of remuneration motivates the employees to work hard in order to improve their standards of living in the society. The aspects of happiness without the appropriate amounts of payments and money will not help in the productivity and performance of a business organization.

Money has a powerful influence on the amount of energy and attention that employees channel to the operations and activities of a business organization. The focus on money will help the employees to work on overtime basis as well as working for long hours in order to maximize their levels of income. The efforts of employees towards maximizing their remunerations will serve a crucial purpose in uplifting the overall performance of an organization. The use of bonuses and per unit basis of payments by a business organization will motivate employees to maximize their time to work for the organization. The efforts of the employees towards maximizing their time in raising income will help a business organization to improve its overall performance and productivity. The bonus payments will also motivate employees to perform extra activities and tasks in a business organization. The extra effort of employees in the operation of the business helps to improve the productivity and performance of the business (Levine 86). The role of money in the motivation is, therefore, very crucial to the productivity and overall performance and productivity of employees towards the goals and objectives of a business organization.

In conclusion, the satisfaction and happiness of employees is an important factor in the motivation of employees towards productivity and performance of a business organization. The levels of satisfaction and happiness of the employees in the working environment has a great influence on the performance of the organization. Money also plays an essential role in motivating the employees of an organization. Happiness and satisfaction of the employees is more important than the impact of money in influencing the employees towards the overall performance and productivity of a business organization. The business organization should take into consideration both the aspects of money and satisfaction of employees towards improving its levels of productivity and performance.

Works Cited
Levine, D.I. (1990). "Participation, productivity, and the firm's environment". California Management Review 32 (4): 86–100.
Fair III, E.M., Silvestri, L. (1992). "Effects of rewards, competition and outcome on intrinsic motivation". Journal of Instructional Psychology. pp. 3–9.
Wiersma,U.J. (1992). "The effects of extrinsic rewards in intrinsic motivation: A meta-analysis". Journal of Occupational and Organizational Psychology. pp. 101–114.
Russo, G. "Job and Life Satisfaction among Part-time and Full-time Workers: The “Identity” Approach." Book review of Social Economy (2012).
http://reaser.eu/RePec/rse/wpaper/R5_5_DobreOvidiuIliuta_p53_60.pdf

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