In This Chapter
- The value of money as a motivator
- Setting the compensation scales
- Incentive pay for the team
- Those “little extras” that make people happy
Everybody wants to get paid. Money buys us the necessities of life, and more money enables us to buy added comfort and enjoyment. But does money motivate people to stretch their efforts to accomplish more on the job?
The answer is “yes and no.” In this chapter we’ll look at the value of money as a motivator. We’ll examine plans to tie money more closely to productivity. We’ll also explore the many extras or perks companies offer to make employees happy campers.