Studies have proved that money is not the most important factor in employee motivation.
By DR FRANCIS FONDO
When the September 11 terrorist attacks took place in 2001, the American airline traffic tumbled by 20 per cent. The Industry went into a crisis mode. Airlines began to borrow money to cover cash drains arising from the reduced passenger traffic to the tune of USD3 million to USD8 million daily. Flights were cancelled “” and employees were laid off. Deliveries of new planes on order were cancelled as bankruptcy came knocking on the doors of every airline.Read More