Economists have long argued that money doesn’t buy happiness. But compensation is still a major factor for us when we’re considering where to work. What do we know about how more pay influences employees’ motivations? That slice of information can be the difference between a workforce that is satisfied and productive and one that isn’t — costing the business money in the long run.
"What Matters More to Your Workforce Than Money" is from hbr.org, published on January 17, 2017.