Evaluate monetary methods of motivation.


	Evaluate monetary methods of motivation.
	Advantages workers are motivated by money - work harder to achieve higher wage increases productivity + output demand falls for company, total wage bill will also fall competitive working environment can develop	Disadvantages workers may not be able to achieve targets through no fault of their own e.g assembly line goes down changes in external environment which may result in changes in demand/supply - employee has no control over achievement of targets quality can suffer if employees become reliant on incentive scheme unhealthy staff relationships can develop - employees become jealous
	Evaluation

workers may not be able to achieve targets through no fault of their own e.g assembly line goes down
changes in external environment which may result in changes in demand/supply - employee has no control over achievement of targets
quality can suffer if employees become reliant on incentive scheme
unhealthy staff relationships can develop - employees become jealous

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