
It is for this reason money is the factor of motivator, it has certain buying power. People work because there is an underlying force called “NEED” which drives the employee to contribute into the workstation. More precisely, the employee puts efforts, passion, commitment and devotion to the work because he gets assured that he can fulfill his needs to the extent somewhere between basic(fundamental) needs to the expected level of needs.
However,
every entity of employee works hard for the butter and bread, but as the level
of contribution of the employees either physical or mental exceeds the
threshold of butter and bread, he aspect better in his hierarchy of needs,
simply because he has contributed over the threshold. The point here is not
only the matter of employee’s expectation but also at the same time the employer
(organization) is also being benefited from that employee contribution with the multiplier effect in terms of performance, productivity and overall
organizations shared goal.
Nevertheless,
as a matter of fact same level of effort, struggle, contribution, experience
and expertise are required to accomplish same types of assignments (work). If
one contributes the same kind of effort then he have to be acknowledge or
rewarded with the same type of remuneration (pay/benefits/fringes benefits, ets).
The simple reason behind this fact is to reinforce the employee at the same or
better level of work motivation. If it do not prevails in the organization, the
employee of the same position or level who are to perform same or similar kinds
of assignment simply gets demotivated, demoralized. And in fact gets humiliated
and feels low, resulting in low
performance, poor results, more accidents, higher turnover, higher conflict in
the organization and in turn the overall organizations performance and
productivity as well as profitability slacks down. Hence, employees who are the
valuable assets of the organization shouldn't be undermined and partially treated
in terms of pay and reward.
Moreover,
to promote the proactive working environment healthy and ethical organizational
culture within organization; employee i.e the organizations asset’s
satisfaction is the most. Satisfaction only comes from a highly motivated
employees; this motivation grooms on the cradle of fair remuneration for fair
contribution for the same level or position. It is to say more loudly; that if
the contribution among the same level of employee is same they must be
rewarded/remunerated with the same/equal benefits.
Thus,
conclusively it is the general principle that advocates pay for performance,
not for people, not for the ground wherever one has have raised. Hence, if the
employee shares in the shared goal of the organization they must be shared with
the organizations benefits in a equitable manner.
*(special credit of acknowledgement goes to Brother Prakash Gautam)*
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