UYL1922 -- Motivation: The Power of Second Paychecks

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Upsize Your Leadership

Business


How Satisfied Are Your Workers with their Second Paycheck? Studies have repeatedly shown that intrinsic motivations, not extrinsic ones, are the longest lasting in their impact. With an appropriate intrinsic paycheck, people often stay with an organization long after they have concluded that their extrinsic paycheck -- salary, bonuses, benefits, etc. -- is too small. This episode looks at five intrinsic rewards which determine how motivated people will be to stay with your organization. These rewards have to do with why a person has chosen to be part of your organization rather than some others. If they are not finding satisfaction for that "why," they are already on a path toward disengagement or departure. A transcript of this episode is available at https://www.leaderperfect.com/podcast. Learn more about your ad choices. Visit megaphone.fm/adchoices