Question of the Day: Would you rather be praised or paid?

Cash or Credits?

It has been part of my morning ritual at work to browse some useful tips and intriguing articles online before proceeding to the day's daunting tasks. While I was browsing, I landed on this article that brought to a very controversial question:

Would you rather be praised or paid?

IT'S ALL ABOUT THE MONEY
Let's face it, MONEY is still and will always be the most important motivator for any employee! Don't you dare say no (You, yes you!)! Praises are good, but it would never bring food to the table especially for most Filipino expatriates like us who would want to send a portion of these hard earned income to our loved ones back home.

HOWEVER, DOES MONEY LAST LONG ENOUGH TO KEEP YOU HAPPY?
According to Motivation Matters, "Motivation and recognition have got to stem from something more long lasting and substantive than money". Which is actually true! For most of us, appreciation and recognition are factors that engages us to our companies and most importantly to our work. We have that yearning for simply being "thanked for" and recognized of our work and contribution in reaching the company's goals.

However, there are a lot of questions to be answered here...

MONEY!

RECOGNITION!

Should you provide both?

When and how much compensation/recognition ratio should you give to your employees?

If you're given the responsibility of handling your own team in the future, what will you do given a situation like this?

Please feel free to provide your comments! Share your experiences!

Let your friends know more about motivation and recognition!

Psalm 37:5  

Commit your way to the LORD; trust in him, and he will act.