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Attitudes towards money and motivational orientation to work in Brazilian young workers

Author

Listed:
  • Campos Monteiro Danielli Leite

    (Universidade Estadual do Ceará)

  • Peñaloza Verónica

    (Universidade Estadual do Ceará)

  • Roberto Pinto Francisco

    (Universidade Estadual do Ceará)

  • Denegri Coria Marianela del Carmen

    (Universidad de La Frontera)

  • Orellana Calderón Ligia María

    (Universidad de La Frontera)

Abstract

Self-determination theory assumes that there are two motivational orientations: intrinsic and extrinsic motivation. Money is a means to different ends, thus considered an external source of motivation, but individuals may also attribute other meanings to it. The aim of this research was to study the relationship between motivational orientation and the attitude towards money in young employees in Brazil. The sample consisted of 163 young workers attending a Business Administration program at a public university in Fortaleza, Brazil. The Work Preference Inventory (WPI), the Love of Money Scale (LOMS) and a socio-demographic questionnaire were applied. The data was examined using descriptive statistics, correlations, factor analysis and cluster analysis and comparisons. The individuals’ motivational orientation to work was found to be associated with their attitude towards money. Two profiles were identified, based on their differences between source of motivation and perception of money as a reward and as evil. Identifying the profiles that connect motivation with meaning of money may allow organizations to design and implement compensation systems according to their employees’ needs.

Suggested Citation

  • Campos Monteiro Danielli Leite & Peñaloza Verónica & Roberto Pinto Francisco & Denegri Coria Marianela del Carmen & Orellana Calderón Ligia María, 2015. "Attitudes towards money and motivational orientation to work in Brazilian young workers," Contaduría y Administración, Accounting and Management, vol. 60(1), pages 11-30, enero-mar.
    • Handle: RePEc:nax:conyad:v:60:y:2015:i:1:p:11-30
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    Cited by:

    1. Sunardi Sunardi & Theresia Woro Damayanti & Supramono Supramono, 2020. "Men, Money and Household Economy: How Behavioral Approach Explain It," Romanian Economic Journal, Department of International Business and Economics from the Academy of Economic Studies Bucharest, vol. 23(77), pages 50-63, September.

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