Fierce Resources: It’s Not Just About the Money

This week’s Fierce Resource was first published on the Hospitality Net website and was written by Liz Chambers and Tommy Beyer.

It’s not Just About the Money, explores what motivates individuals and how to identify motivators for a multi-generational workforce. In our Fierce Generations course we explore a similar concept and like this article found a similar conclusion: Money is not the primary motivator of people- whatever the generation.

“From Housekeeping to Sales, pay on the average ranks 6th …surprised? Believe it or not, pay is very seldom ranked number one. It is not that pay is not important, but pay is only number one if other basic needs are not met. Therefore, when attempting to create an environment for motivating your workforce, throwing money at them is not always the answer. What was Number 1? In my workshops it usually varies between three…”I want my boss to appreciate and recognize the work I do”…”I want to work in pleasant surroundings” and more and more with the introduction of Gen X into our workforce… “I want to work for a property with promotion opportunities”.”

To read the full article, click here.