Americans Motivation to Work Essay - 518 Words

Americans Motivation to Work The majority of Americans get up each morning and go to work in order to earn money. But what are the true motivators for working and where do they come from? How do wage rates and other forms of compensation affect the quantity of labor supplied to the market? This essay will discuss how labor effects the economy. Each person working plays a role in society and production output. These are areas that need to be addressed when the supply of labor is being discussed. The motivation to work arises from a variety of social, psychological and economic forces. People need income to pay their bills, feel that they have a role in society and also feel a sense of acheivement. Although there is†¦show more content†¦The labor supply has proven more expandable than previously expected. Possibly attracted by the abundance of jobs or forced by economic necessity, there are more Americans working. Not everyone works for money. A large percentage of workers say they would continue to work even if they had enough money to live comfortably without working. Apparently, each hour of work yields more satisfaction that just a paycheck. The more workers like their jobs or the more income they need, the higher their responsiveeness to wage increases. Another aspect of happiness from labor is the nonmonetary incentives the enviornment that is being worked in. People prefer to work in a safe, well lit, pleasantly colorful enviornment. Although these are not the only realative incentives. There is also the challenge of it all, not just high salaries. If a worker is given a conquerable challenge, this can also boost productivity. In conclusion, there are many different reasons why we as Americans get up and go to work each morning. But, there will always be more to purchase, more bills to pay and a certain need to feel a part of society. To realize what needs to be improved to induce workers to choose work is still being studied. Economists have learned how to increase productivity or job satisifaction, but not both. Realizing what our true needs are can either motivate us to become more productive or do the opposite and cause usShow MoreRelatedIllegal Immigrants Do NOT Harm Americas Economy Essay1382 Words   |  6 Pageseconomy for the others. In the article, Grow, et al was convinced that illegal immigration had always been the one had the most negatives comments over the last two decades. However, Grow, et al argue that unlawful settlers transpire a component of American’s economic cycle consequently of its society role. On one hand, the authors argue that illegal refugees had a major impact on the economic on the economy through its population and maintenance over the flow of the finical systems. 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