Debunking the myth of money in a multigenerational workforce

Lee, S.T. and Jayasingam, S. and Mohd Zain, K.N. (2014) Debunking the myth of money in a multigenerational workforce. In: Annual Symposium on Management and Social Sciences, 29-31 Aug 2014, Seoul, Korea. (Submitted)

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Abstract

Money is a common denominator used to purchase goods and services worldwide. People work for money to survive. Organizations spend millions to pay the salaries of their employees with the hope for better performance in return. Undeniably, money influences people's lives to a certain extent. However, can it motivate every individual or is there a misguided perception that everyone is money driven? This question is becoming pertinent especially with Baby Boomers, Generation X, and Generation Y entering the workforce and transforming the workforce demographics. It is no longer a homogeneous group.

Item Type: Conference or Workshop Item (Paper)
Funders: UNSPECIFIED
Uncontrolled Keywords: Baby Boomer; Generation X; Generation Y; money; motivator
Subjects: H Social Sciences > HD Industries. Land use. Labor
Divisions: Faculty of Business and Economics > Dept of Business Policy and Strategy
Depositing User: Mr. Mohd Samsul Ismail
Date Deposited: 18 Dec 2014 03:03
Last Modified: 18 Dec 2014 03:03
URI: http://eprints.um.edu.my/id/eprint/11387

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