It’s the challenge that motivates senior executives and managers to go to work each day.
Seventy-eight percent of business leaders are motivated to go to work each day by challenge, according to a new survey by NFI Research.
Following challenge, 70 percent are motivated by pride in their job and 67 percent by responsibility.
A significant number of those in large companies (83 percent) are motivated by compensation.
“It’s encouraging to see that challenge is the main motivator, though at large companies compensation is still a key driver,” said Chuck Martin, CEO of NFI Research and author of SMARTS: Are We Hardwired for Success?
The smallest percentage of businesspeople are motivated by pension and stock vesting (5 percent) and tradition and habit (10 percent).
When comparing senior executives to managers, more executives than managers are motivated by challenge. Ninety-two percent of executives are motivated by challenge compared to 65 percent of managers.
“I like a job that offers a challenge of doing new things,” said one respondent. “Not just new to me, but new in the sense of innovation, change, and improving how things get done or what gets done.”
There is a large difference between small and large organizations when it comes to pride in one’s job. Three-quarters (77 percent) of those working in small organizations (500 or fewer employees) are motivated by pride in their job compared to 43 percent in large organizations (10,000 or more employees).
Ninety percent of those in large companies are motivated by challenge. No one working in a large company is motivated by pension and stock vesting, according to the survey of 208 business leaders.
For more info: http://www.nfiresearch.com