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I'm currently reading "The Joy of Work" by Dennis Bakke, who was the CEO of AES for a number of years... in it he makes the point that compensation is rarely th
by swombat 12y ago
I'm currently reading "The Joy of Work" by Dennis Bakke, who was the CEO of AES for a number of years... in it he makes the point that compensation is rarely the most important factor for people.
Based on his own survey, he said that the most important factor to people is whether they get to use their skills and talents to make a meaningful impact.
If your people would leave their jobs for a 5% pay increase, you have hired the wrong people, or build the wrong kind of company!
- elementai 12y agoI wholeheartedly agree. And there's also a rather well-known book by Daniel Pink "Drive: The surprising truth about what motivates us". Money isn't the major factor in motivation indeed, but only if there's enough of it (to not think about).