Pay is not everything when it comes to employee engagement and performance. Research and my experience show that things like company culture, management, leadership, co-workers, job duties, expectations and others play a big role.
Salaries do matter though, as employees expect to be paid fairly and with enough money to meet their needs. Having some type of incentive pay or “pay for performance” helps keep employees loyal and engaged, and can play a big part in driving company performance. Winners enjoy working under incentive pay, and we like to attract and keep winners.
Read the full story from our July issue here.
