Yes. But there's a limit to money's motivating power.
It's easy to assume that people only come to work for the money.
But is that true?
Of course, people need to work to get money to buy food, clothing and pay the rent. But does that mean that paying them more is going to make them more engaged workers?
What do you think of this comment from someone I met recently?
'This engagement stuff is a distraction. We just need to get on with doing our jobs'.
To understand the value of something it's sometimes useful to stop and look at the alternative. Statistics tell us that a large portion of the workforce is not engaged. So, if people are not engaged, what are they? And, does that matter?