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10 Minute Guide to Motivating People by Nancy Stevenson

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Lesson 2. Take Care of the Basics

In this lesson, you learn how employee motivation is tied to perceived equity in the way compensation is doled out by your company.

Okay, let's be honest. This is probably the one chapter in this book that you feared most. Salaries, benefits—they all add up to you having to pay people more money to get performance. And whether you control the budget or just administer it, you probably don't have money to burn, right?

Most people think that if they can't offer top-dollar salaries or hefty bonuses, people will be lazy and unmotivated. Well, don't worry. You should be less concerned about paying lavish salaries and more focused on giving your employees compensation that you consider fair. Indeed, I'm going to surprise ...

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