Recognition vs Money; What do you value more?

Use this forum to discuss the December 2022 Philosophy Book of the MonthThe Smartest Person in the Room: The Root Cause and New Solution for Cybersecurity by Christian Espinosa
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Sushan
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Recognition vs Money; What do you value more?

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This topic is about the December 2022 Philosophy Book of the Month, The Smartest Person in the Room: The Root Cause and New Solution for Cybersecurity by Christian Espinosa



your employees will be respected and admired by their managers, peers, and subordinates. They are invested in protecting the client’s data from cybercriminals, and they become heroes.
(Location 73 - Kindle version)

Making the employees happy and admired within the working environment will make them loyal to their employers. And at the same time it will enhance their efficiency. But in the long run will these employees solely base their loyalty on the admiration that they get? Will at some point the value of money take over the power of admiration, and the loyalty of these employees lie upon an employer who pays more rather than an employer who admires his/her employees? How should the Human Resources Managers tackle with this tug of war between the psychs of the employees versus their monetary stability?
“There is only one thing a philosopher can be relied upon to do, and that is to contradict other philosophers”

– William James
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LuckyR
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Re: Recognition vs Money; What do you value more?

Post by LuckyR »

Sushan wrote: December 6th, 2022, 12:58 am This topic is about the December 2022 Philosophy Book of the Month, The Smartest Person in the Room: The Root Cause and New Solution for Cybersecurity by Christian Espinosa



your employees will be respected and admired by their managers, peers, and subordinates. They are invested in protecting the client’s data from cybercriminals, and they become heroes.
(Location 73 - Kindle version)

Making the employees happy and admired within the working environment will make them loyal to their employers. And at the same time it will enhance their efficiency. But in the long run will these employees solely base their loyalty on the admiration that they get? Will at some point the value of money take over the power of admiration, and the loyalty of these employees lie upon an employer who pays more rather than an employer who admires his/her employees? How should the Human Resources Managers tackle with this tug of war between the psychs of the employees versus their monetary stability?
The answer is: both. Money in a thankless, demeaning job will not retain employees with other options. Praise and admiration not backed up by compensation is empty wording, that is: a con job and not a very good one. Basically you either REALLY value your employees or you don't. If you do, you do both. If you don't, then you don't do both, people figure it out and leave when they get a better offer.
"As usual... it depends."
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Sushan
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Re: Recognition vs Money; What do you value more?

Post by Sushan »

LuckyR wrote: December 6th, 2022, 3:21 am
Sushan wrote: December 6th, 2022, 12:58 am This topic is about the December 2022 Philosophy Book of the Month, The Smartest Person in the Room: The Root Cause and New Solution for Cybersecurity by Christian Espinosa



your employees will be respected and admired by their managers, peers, and subordinates. They are invested in protecting the client’s data from cybercriminals, and they become heroes.
(Location 73 - Kindle version)

Making the employees happy and admired within the working environment will make them loyal to their employers. And at the same time it will enhance their efficiency. But in the long run will these employees solely base their loyalty on the admiration that they get? Will at some point the value of money take over the power of admiration, and the loyalty of these employees lie upon an employer who pays more rather than an employer who admires his/her employees? How should the Human Resources Managers tackle with this tug of war between the psychs of the employees versus their monetary stability?
The answer is: both. Money in a thankless, demeaning job will not retain employees with other options. Praise and admiration not backed up by compensation is empty wording, that is: a con job and not a very good one. Basically you either REALLY value your employees or you don't. If you do, you do both. If you don't, then you don't do both, people figure it out and leave when they get a better offer.
I agree. But when people tend to change their jobs, they look at the salary with a great emphasize relative to other factors. Amd in a practical world I think more money means more possibilities, happiness, possessions, etc. So will a practical man give up a highly paid job just because he was not praised?
“There is only one thing a philosopher can be relied upon to do, and that is to contradict other philosophers”

– William James
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Re: Recognition vs Money; What do you value more?

Post by LuckyR »

Sushan wrote: December 19th, 2022, 6:51 am
LuckyR wrote: December 6th, 2022, 3:21 am
Sushan wrote: December 6th, 2022, 12:58 am This topic is about the December 2022 Philosophy Book of the Month, The Smartest Person in the Room: The Root Cause and New Solution for Cybersecurity by Christian Espinosa



your employees will be respected and admired by their managers, peers, and subordinates. They are invested in protecting the client’s data from cybercriminals, and they become heroes.
(Location 73 - Kindle version)

Making the employees happy and admired within the working environment will make them loyal to their employers. And at the same time it will enhance their efficiency. But in the long run will these employees solely base their loyalty on the admiration that they get? Will at some point the value of money take over the power of admiration, and the loyalty of these employees lie upon an employer who pays more rather than an employer who admires his/her employees? How should the Human Resources Managers tackle with this tug of war between the psychs of the employees versus their monetary stability?
The answer is: both. Money in a thankless, demeaning job will not retain employees with other options. Praise and admiration not backed up by compensation is empty wording, that is: a con job and not a very good one. Basically you either REALLY value your employees or you don't. If you do, you do both. If you don't, then you don't do both, people figure it out and leave when they get a better offer.
I agree. But when people tend to change their jobs, they look at the salary with a great emphasize relative to other factors. Amd in a practical world I think more money means more possibilities, happiness, possessions, etc. So will a practical man give up a highly paid job just because he was not praised?
Not prsised only? Probably not. Feeling powerless in his position? Perhaps. Downgraded? As soon as there is a better offer.
"As usual... it depends."
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tatiana667
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Re: Recognition vs Money; What do you value more?

Post by tatiana667 »

I Value more effect of my actions - i feel very unease when my name - no matter if nick which nobody knows is me or my name is next to something - i preffer to think i provided value to society - money on the other hand is something i need to survive in this society - i don't value it per say i just need it my current work is not prefect in any of those but it makes me feel needed and at service
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Sushan
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Re: Recognition vs Money; What do you value more?

Post by Sushan »

LuckyR wrote: December 20th, 2022, 4:48 am
Sushan wrote: December 19th, 2022, 6:51 am
LuckyR wrote: December 6th, 2022, 3:21 am
Sushan wrote: December 6th, 2022, 12:58 am This topic is about the December 2022 Philosophy Book of the Month, The Smartest Person in the Room: The Root Cause and New Solution for Cybersecurity by Christian Espinosa




(Location 73 - Kindle version)

Making the employees happy and admired within the working environment will make them loyal to their employers. And at the same time it will enhance their efficiency. But in the long run will these employees solely base their loyalty on the admiration that they get? Will at some point the value of money take over the power of admiration, and the loyalty of these employees lie upon an employer who pays more rather than an employer who admires his/her employees? How should the Human Resources Managers tackle with this tug of war between the psychs of the employees versus their monetary stability?
The answer is: both. Money in a thankless, demeaning job will not retain employees with other options. Praise and admiration not backed up by compensation is empty wording, that is: a con job and not a very good one. Basically you either REALLY value your employees or you don't. If you do, you do both. If you don't, then you don't do both, people figure it out and leave when they get a better offer.
I agree. But when people tend to change their jobs, they look at the salary with a great emphasize relative to other factors. Amd in a practical world I think more money means more possibilities, happiness, possessions, etc. So will a practical man give up a highly paid job just because he was not praised?
Not prsised only? Probably not. Feeling powerless in his position? Perhaps. Downgraded? As soon as there is a better offer.
I can agree with that. Being powerless in the position or being subjected to a downgrade may simply be a problem with that particular employee. But in both scenarios (more in the latter) he/she may not be able to face his/her peers and will desperately look for a change of the working location.
“There is only one thing a philosopher can be relied upon to do, and that is to contradict other philosophers”

– William James
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Sushan
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Re: Recognition vs Money; What do you value more?

Post by Sushan »

tatiana667 wrote: December 21st, 2022, 6:31 am I Value more effect of my actions - i feel very unease when my name - no matter if nick which nobody knows is me or my name is next to something - i preffer to think i provided value to society - money on the other hand is something i need to survive in this society - i don't value it per say i just need it my current work is not prefect in any of those but it makes me feel needed and at service
The employers are obliged to pay a wage for their employees even if they do not feel like some of the employees are not really needed. So I think being paid is necessarily not an indication for being needed. If the employers praise your work, then you know that you are useful. If you are sacked, then you know that you are no more useful to them. But the area in between is not very clear.
“There is only one thing a philosopher can be relied upon to do, and that is to contradict other philosophers”

– William James
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