THE Dishonesty OF DISFLICTING THE Clear
Money ca n’t buy happiness – we’ve all heard the adage, often from the mouths of the wealthy.
The billionaire co-founder of Alibaba, Jack Ma, reportedly endorsed the value of fundamental motivators like purpose and meaning in the workplace. Instead of focusing on specific gain, he counseled people to join around Alibaba’s core ideals.
Our recent study found that underplaying or dismissing external rewards, such as salary and individual gain, can backfire, leading to skepticism and distrust, despite the fact that job seekers might be more inclined to follow his suggestions.
Almost 2,500 participants in our study were participants in experts from the National University of Singapore, Tsinghua University, and Stanford University to investigate the effects of demeaning external motivators like money or fame.
Most of us, irrespective of social status, price financial stability to some extent. When people deny this basic people have, it creates a disconnect between their words and actions, undermining their trust.
If the person has a higher socioeconomic status, like Jack Ma, this disconnect is even more troubling, which suggests that those who are now financially successful have no right to preach against it.