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02-19-2011, 10:31 AM   #31
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Worked for Wallstreet. They even got VERY rich.
Massive tax break too.

02-19-2011, 11:48 AM   #32
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QuoteOriginally posted by Parallax Quote
Oh yeah, knowing that you'll be fed, housed, and clothed whether you do a good job or not is great motivator.
Maybe better than you think. Most of these countries have better unemployment rates than we do. I suspect that starvation may be a motivator for a certain level of worker to eke out an existence, but at the level that gives real competitiveness for a higher standard of living--not so much.

Closer to home, the GAO reports that after surveying repeated studies, welfare as it is set up here with low levels of compensation does not significantly diminish incentive to work.
02-19-2011, 07:15 PM   #33
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QuoteOriginally posted by Parallax Quote
Oh yeah, knowing that you'll be fed, housed, and clothed whether you do a good job or not is great motivator.
Sounds like prison. 3 hots and a flop.
02-21-2011, 06:49 AM   #34
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QuoteOriginally posted by Parallax Quote
Oh yeah, knowing that you'll be fed, housed, and clothed whether you do a good job or not is great motivator.
As Gene notes, this isn't necessarily a great motivator past a certain point.

Consider the results of using fear as a motivator: you tend to get timid people unwilling to risk consequences of independent thought or action, you get a lot of dithering and 'politburo reading' in order to figure out the safest opinion/action...

When you are afraid for your bonus, your job, your insurance on average your behavior in the corporation will be different than if these did not loom as large. Mind, you'd still be motivated by promotion and esteem, and the size of your bonus would still be important to you.

I don't think business has overthrown Maslow.

02-21-2011, 09:48 AM   #35
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It all goes back to McGregor's Theory X and Theory Y, doesn't it?
The debate goes on..............................................
02-21-2011, 10:03 AM   #36
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It's not a debate.
We're still falling.
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