Less than half of respondents in a new study claim to be motivated by the pay they receive. The recent research by the Institute of Leadership and Management (ILM) revealed that the pay cheque alone is not enough to keep employees engaged.
According to Employee Benefits, just 49% said that their performance was driven by pay, with 59% claiming that their enjoyment of the role was what inspires them to work hard.
Other factors included how well they were treated by managers and how much control they were given when it came to workload, both of which received 22% of the vote.
The survey, which questioned 1,000 employees also showed that part-time workers were more motivated than full-time workers, despite being paid less.
Females enjoyed their relationships with other colleagues as a factor, while males appreciated employee benefits.
ILM conducted the research to better understand the motivations of staff, with financial incentives being a particular focus. 13% of respondents suggested that performance-related bonuses is what keeps them driven at work. To introduce a corporate rewards program in your business offer employees an incentive they'll love like the Good Food Gift Card.