Impact of motivation on employees’ performance
According to Herzberg's two-factor theory of motivation, money is not even a motivator (Herzberg, 2003) . Today the workforce is becoming increasingly skilled and technologically inclined. Managers need to think of new ways to manage this knowledgeable workforce. With knowledge and skills come with higher salary demands. This knowledge workers will no longer "work for beans". As per Maslow's hierarchy of needs, people have physical, security, social, ego and self-actualization needs. People are motivated to fulfill lower-level needs before moving to fulfill higher level needs such as ego (esteem) and self-actualization (Herzberg, 2003) . Knowing what people need can help contemporary organizations understand how to motivate today's knowledge-based workers. Since these workers command a high-paying job, it can be concluded that money by itself does not provide sufficient incentive as a performance driven motivator. It is, of course, an element of Herzberg's the...