Money can trivialise work. It can demean what you are doing and offering. Pay creative people for their creative ideas and they can dry up. Pay children to get better exam grades and they think they are studying only for the money. You diminish and demean the joy of the activity, of learning for its own sake. Money often makes the intrinsic extrinsic: it can make motivation more dependent on money. So, paradoxically, money has to be the motivator.
I think there's a reflection on obliquity to be had here.
Guardian Unlimited Money | Work | For love nor money:
See also.
Filed in: motivation, money, work, research, economics, utility, happiness,obliquity
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