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Created by : Kenneth Kikan, Pursuing Graduation student, National Institute of Fashion Technology (NIFT), Kangra  | 05 27 2011 11:19:16 +0000
Industry : TextileFunctional Area : Performance(Corporate Finance)
Activity:  685 views;  last activity : 06 28 2011 18:24:18 +0000
 
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Higher earnings Vs Trust
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Motivating factor varies at different stages.... For instance, when a fresher starts his/her career, the biggest motivating factor is money or monetary incentives.... After 3-5 years, same employee will look for monetary incentives and non-monetary incentives as well, like designation... After 8-10 years of experience, he will look for more power, higher responsibilities, and shares in company.... Whereas, Trust is something which cannot be compared with higher earning, or can say that Trust is not a motivational factor... Trust should be there between employees and employer... If it is not there, it will lead to attrition and it can never work out with them.
By Manish Sharma, Email Campaign Specialist, Kenscio Digital Marketing  05 28 2011 07:50:47 +0000
 
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every person has different motivating factor just like every man has their different values hence trust enhances your inner soul to do better but more money enhances your outer factor it is basically by society,family members etc.
By pragati parihar, MBA/PGDM student, banasthali university,jaipur  05 29 2011 18:11:29 +0000
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Mostly its Higher earnings..
By Raj Sharma, Asst Manager - TAG, Fulcrum Worldwide Software Pvt Ltd  | 06 06 2011 11:02:07 +0000
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Different persons have different ways of motivating themselves.....but for most professionals its the green paper (sometimes comes wrapped in a brown envelope)
By Satadru Shastri, Partner, Mukherjee & Shastri  | 05 29 2011 12:24:14 +0000
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It is one of the important factors in gvg boost to a person who is willing to work for long.
By anuradha , NECC Ltd.  | 05 29 2011 07:54:12 +0000
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If we go through Maslow's motivational hierarchy or Herzberg's hygiene and motivating theory, we find that there are various motivating factors. They starts from lower level needs as physiological, security & social and ends with higher level needs like self esteem and self actualization (Maslow). So we can not say that any one thing is motivating for all. It changes with age and mental status of the person, and accordingly we should design our HR policies for best results. But most of our govt organizations are unable to understand that, which increases corruption and dis-satisfaction.


By Hem Chandra Kukreti, MM, Bharat Electronics Ltd  | 05 28 2011 16:26:28 +0000
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Money is the biggest motivating factor for a person like me but i also agree with Manish that motivating factors varies at different stages of your life and career. But by the time you come of age to those stages it is assumed that you have sufficient money to lead your life and perform your duties thats how it can vary. People who have struggled over the years will consider money as the most important motivation. Its power is such that it motivates a 5 year child to a 65 year retired person.
By Mohan Murari, Marketing Manager, Confidential  | 05 28 2011 10:03:07 +0000
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Without money nobody able to fulfill his dreams so money is biggest motivating Factor in life. If its giving satisfaction then nothing is best for that.
By Diwakar Tiwari, Chief Manager, THE Arvind LTD  | 05 28 2011 09:28:20 +0000
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In current situation, higher earning is a motivating factor & mostly needed factor. Thanks for referral, Pratik.
By SHRIKANT MANOHAR DANKE, Project Manager, Phadnis Infrastructur Ltd  | 05 28 2011 07:58:02 +0000
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Motivating factors depends on individual personalities, their life style, foot steps of their god father, etc but majority of them keep an ambition to grow in terms of money as it has not become the need but necessity for survival and to gain a position in the todays society so every employee would get motivated by proper compensation
By Raghavendra , Managing Director, GLOBAL HR Consultants (www.dipsons.com)  | 05 28 2011 07:35:36 +0000
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Sometimes on the verge of getting handsome salaries employee fails to maintain a decent trust of the higher management and get demotivated in thought of loosing the position
By Kenneth Kikan, Pursuing Graduation student, National Institute of Fashion Technology (NIFT), Kangra  | 05 27 2011 11:19:16 +0000
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in my veiw trust
By Dr.Narendra Bahadur Singh, Sr REPORTER, TRIGUT HINDI DANIK NEWS PAPER  | 06 28 2011 18:24:17 +0000
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I am not sure whether you confine your quiery to just work place or life in general. In life one has the choice of taking either ther routes of 1)subline or 2) erotica. It depends on how mentaly dispostioned one is, if one is stable one chooses the sublime route otherwise the other. Rational existence combined with meaningful activities is what stable people choose as lives philosophy. Mixed with dispostions like 'libido, one tend to fantasise and gets into events are realities forming around us.
By Mathew Cherian, Research Associate/Analyst, Western Michigan University  | 05 30 2011 12:44:53 +0000
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"Trust" takes the first place and earning second place. In a lighter vein, the meeting starts with T and ends with T. Problem is created by "R"amesh and discussed by "S"uresh. In between the sufferer is "U" (definition of Trust)
By Suryanarayan Murthy, Free lancer  | 05 30 2011 05:05:04 +0000
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hello Bindu,it is the earnings with trust and legality that is more motivating.
By jairaj shyam prasad, Production Manager, BOSCH Ltd  | 05 29 2011 15:19:58 +0000
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TRUST. There should be trust in the 360 degrees that the employee works. Trusted by his superiors, peers and subordinates. Then and then only can he deliver superlative performance
By V. Srinivas, Freelancer, Information Technology  | 05 29 2011 13:31:48 +0000
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ONCE LOST...YOU WILL NEVER GET BACK...SO NEED MORE SELF DEVOTION...N HIGHER POTENTIAL TOO FOR LIFE LONG SATISFACTION..
By Indrajit Karak, Inspector, SGS Group  | 05 29 2011 10:35:37 +0000
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Thanks Prateek for referral. According to me Trust is on top of the list. earnings will always be there but trust will depend from individual to individual and is probably the greatest asset one can have.


By Rathin Deb, Advisor and retail consultant, currently as Branch Manager, Tower Infotech Ltd  | 05 29 2011 04:57:55 +0000
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Trust is the most motivational factor. You need to create trust so that they are motivated towards goal and realize their potential
By Umesh , Manager Support, SiennaEcad Technologies Pvt Limited  | 05 29 2011 01:37:31 +0000
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Trust builds in positivity which naturally leads to higher productivity. Trust makes one feel wanted...isn't that what we look for?
By Ajay Chaudhari, Chief Executive Officer, Adroit Consultants  | 05 28 2011 18:55:54 +0000
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For institutions like Finance, Education, Medicine and for Business house Jewelery, Caterings etc, Trust is valued & more often, patronized. Whereas, for individual Out-puts, higher earning is the motive factor.

Thanks for Referral Ms. Bindu narayan & Pratik Hazra


By KALIYAMOORTHY , Oil & Gas Area Coordinator, Undisclosed  | 05 28 2011 14:50:08 +0000
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yes it is trust.
By Rajendran Mariagnanam Mariagnanam, Founder and managing partner, Braintrain consultancy services LLP  | 05 28 2011 07:29:56 +0000
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Both are necessary.. trust is the beginning and it should end up in higher earnings...
By Jyoti Kapoor, HR Manager, Cybage Software  | 05 28 2011 05:34:27 +0000
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