The relationship between leadership styles, which managers practice, and their motivation, which drives them in accomplishing their organizational goals, is analyzed in this paper. For this purpose, on the sample of 40 Croatian managers, it is determined which is the dominant leadership style (by using the Likert's system) and to which degree it is applied at a particular management level. Subsequently, in accordance with Herzberg's two factor theory, the motivational influence on particular leadership style, considering management level, is being analyzed from the aspect of extrinsic and intrinsic motivation.