▶ Your Answer :
It is essential for entrepreneurs to give rewards to their hard working employees in order to encourage them for further achievements. There are lots of different ways to do this. Among these, in my opinion, the best way for rewarding is providing money.
To begin with, people prefer money than public recognition. In the other word, money is practical but recognition from the public is not. In today’s society, with money people can do anything they want freely. Also, the best services and goods are reserved to the wealthy. Therefore, in people’s mind, the first priority of rewarding must be money. For example, last year Samsung cooperation offered a great amount of money for their productive workers. Back then, more and more employees keep their hard working for getting bonus. As a result, this year Samsung became one of the most powerful global companies.
On the top of that, people are easily motivated by money compared to public recognition. Usually, for the public recognition, companies will held a ceremony and claim one’s hard working in front of other workers. However, this ceremony is just a moment. Not only do employees forget the ceremony quickly, but also the prize winner cannot remember the entire celebration words from the boss. However, money, a gift, is hardly forgettable and may remain in one’s mind for a lone time. Therefore, rewarding money has more influences on employees. For instance, Benz Company gave my father a celebration party due to his great devotion to the cooperation. The boss appreciated him greatly that time, and he felt proud of himself. However, after few days, nobody could remember who was celebrated during the party even the boss which made my father upset.
Although there are some benefits on rewarding workers with public recognition, granting money is much better. It is mainly because employees prefer money and highly motivated by it. |