Changes in Motivational Factors:
The change in the economic outlook has had an interesting impact on how employees rate their “Motivational Factors” at work. First, some background:
There are two types of motivators—Intrinsic and Extrinsic. Extrinsic factors include material rewards such as: bonuses; gift cards; trips; pay increases; etc. The “Carrot at the end of the stick” so to speak.