If you want an engaged workforce money is clearly not the answer, recent research has shown that there is no significant difference in employee engagement by pay levels.
In fact, if you want your employees to be happy with their pay money is not the answer. In a nutshell: money does not buy happiness. As Arnold Schwarzenegger once said, "money doesn't make you happy. I now have $50 million but I was just as happy when I had $48 million."
The more people focus on their salaries the less they focus on satisfying their intellectual curiosity, learn new skills or have ...