AP PSYCHOLOGY

Detailed explanation-1: -Taylor believed that workers could be motivated by money, and therefore, he promoted the idea of the “a fair day’s pay for a fair day’s work” concept. If a worker does not work well in a day, he won’t be paid his money for the day.

Detailed explanation-2: -Taylor’s theory of motivation is also known as the money as a motivator theory. It argues that money is the main force that motivates employees to work at a company. According to Taylor, there is only one right way to do each job-that is to motivate employees with coercion (threat of firing) or money.

Detailed explanation-3: -Taylor’s theory, also called Scientific Management, could also be called the money as a motivator theory. It was one of the first theories of motivation in the workplace, notes EPM: Expert Product Management.

Detailed explanation-4: -Its main objective is improving economic efficiency, especially labor productivity. It was one of the earliest attempts to apply science to the engineering of processes to management. Scientific management is sometimes known as Taylorism after its pioneer, Frederick Winslow Taylor.