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The science shows that the best way to use money is to take the issue of money off the people. Pay people enough so that money isn't an issue, and they can focus on doing great work.
Daniel H. Pink
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Interpretation

What this quote means

Money should not be a source of stress; if people are financially secure, they can concentrate on their work.

In this quote, Daniel H. Pink emphasizes the importance of financial security for individuals in the workplace. He argues that when people are paid adequately and do not have to worry about money, they are more likely to invest their energy and talents into producing high-quality work. This perspective highlights the role of adequate compensation in fostering creativity and productivity, suggesting that removing the burden of financial anxiety can elevate overall work performance.

Themes

MoneyWorkProductivityFinancial SecuritySuccess

In practice

Example use cases

In a speech about workplace culture, one might say, 'As Daniel H. Pink puts it, when we take money off the table, we allow creativity to flourish.'

More from Daniel H. Pink

While complying can be an effective strategy for physical survival, it's a lousy one for personal fulfillment. Living a satisfying life requires more than simply meeting the demands of those in control. Yet in our offices and our classrooms we have way too much compliance and way too little engagement. The former might get you through the day, but only the latter will get you through the night.
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Succeeding makes us feel good. But beating someone else makes us feel really good. Comparing ourselves to others and coming out on top creates a sense of entitlement. And when we feel entitled, we cheat more because, of course, the rules don't apply to awesome people like us.
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When we make progress and get better at something, it is inherently motivating. In order for people to make progress, they have to get feedback and information on how they're doing.
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We have this myth that extroverts are better salespeople. As a result, extroverts are more likely to enter sales; extroverts are more likely to get promoted in sales jobs. But if you look at the correlation between extroversion and actual sales performance - that is, how many times the cash register actually rings - the correlation's almost zero.
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Too many people hold a very narrow view of what motivates us. They believe that the only way to get us moving is with the jab of a stick or the promise of a carrot. But if you look at over 50 years of research on motivation, or simply scrutinize your own behavior, it's pretty clear human beings are more complicated than that.
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Greatness and nearsightedness are incompatible. Meaningful achievement depends on lifting one's sights and pushing toward the horizon.
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