MEN MOTIVATED BY CO-WORKERS’ SALARIES

Who doesn't wonder what coworkers earn? Most employees view salary as more than a figure for negotiation; it's also a telling measure of their value and worth to an employer. A little more openness about salary would arm workers with the knowledge that they can ask for more, be satisfied with what they're getting, or at least know what to expect if they get promoted.

Research shows that men are not just motivated by money, but also by how much more or less they earn than their colleagues. Traditional thinking was that men were only interested in the size of their pay packets. New findings reveal that men are also concerned about how much their peers are getting.

Korean billionaires: Are these the richest people in Korea.

Vladimir Kim $5.5 Billion: Company - Kazakhmys
Lee Kun Hee $2.9 Billion: Company - Samsung
Chung Mong Koo $2.2 Billion: Company - Hyundai
Shin Dong Bin $1.8 Billion: Company - Lotte
Lee Myung Hee $1.8 Billion: Company - Shinsegae
Lee Jay Yong $1.7 Billion: Company - Samsung
Shin Dong Joo $1.7 Billion: Company - Lotte
Nicholas Park $1.7 Billion: Company - Attorney
Yong Keu Cha $1.3 Billion: Company - Kazakhmys
Chung Mong Joon $1.3 Billion: Company - Hyundai Heavy
Suh Kyung Bae $1.1 Billion: Company - Amorepacific
Han Chang Woo $1.1 Billion: : Company - Maruhan

SALARY DISCUSSION

· Do you and your colleagues ever discuss salaries?
· Are you motivated by your co-workers’ salaries?
· Would you work harder if you knew that your colleague did the same job, but earned more money?
· Do you think that salaries should be based on merit or length of service?
· Would you work very hard if you knew that you would not receive a pay increase for your efforts?
· What motivates you in the workplace?
· How much of a motivating factor is money for you?
· Do you care about how much your colleagues are getting?
· How often do you think about the size of your pay packet and wish it was bigger?
· What other things concern you about your peers or colleagues?
· What does the reward center in your brain like?
· How important is it for you to beat your rivals?
· What things are more important in life than money?
· Do you think men and women look at money differently?
· Which sex is more competitive men or women?
· Do you think knowledge of colleagues’ salaries would increase productivity in the workplace?
· Would rivalries and jealousies increase efficiency?
· How do managers balance keeping their workers happy with their salaries and working conditions while increasing productivity?

SYNONYM MATCH: Match the following synonyms:

a) motivated........................................................assess
b) colleagues........................................................productive
c) peers.................................................................effect
d) perform............................................................income
e) rivals.................................................................equals
f) gauge.................................................................driven
g) earnings............................................................nasty
h) impact...............................................................carry out
i) sour.....................................................................coworkers
j) efficient..............................................................competitors

SALARY IDIOMS:

Make ends meet: to be able to afford to pay for the basic expenses of living.
Things are so expensive nowadays that it's very difficult to make ends meet.

Golden Handshake: A golden handshake is a generous sum of money given to a person when they leave a company or retire (sometimes given to encourage early retirement).

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