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When people are asked what they think about money most people will response by using these sentences money is everything or Money can subdue even gods As we can see it can not be denied that money is so important for people Therefore Patton 1999 claims that monetary incentive is the best way to motivate employees to do their jobs better He argues that employees will stop working if they were not offered a paycheck It is ridiculous to think money can not motivate employees However although money is important for people it does not mean that giving employees financial incentives can guarantee them work better Spitzer 1996 Kohn 1998 Gardiner 2003 Romano 2003 Gardiner 2003 argues we think other people are more mercenary than they really are Of course people like money but money will not be effective if employees other need is ignored Kohn 1998 states the correlation between money and performance is not strong Using money to incentive employees has some problems Firstly money does not have a staying power Employees will forget this reward in two weeks Furthermore financial rewards cost companies a lot of money Maintaining the same impact on employees requires increasing monetary rewards Spitzer 1996 even argues that there is no correlation between money and high quality performance Money only can increase the quantity of performance at simple tasks Cieri and Kramar 2003 p475 claim most jobs have no physical output Therefore whether the performance of employees is good or not can not only be scaled by the quantity of output What do researches say about monetary incentive Some researches suggest that there is a positive correlation between monetary incentive and employees performance The research conducted by Stajkovic and Luthans 2001 shows that systematic monetary incentive has a more powerful impact on employees performance than the routine pay and there is a strong correlation between money and performance Locke cited in Cieri 2003 p475 found monetary
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