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It’s been said: “Money isn’t everything – but whatever’s in second place is a heck of a long way behind!” It’s tough to disagree, which is probably why compensation tends to be the measure of success and progress in most people’s eyes. But if it’s true, then why are productivity, loyalty, and morale still such huge and costly problems in workplaces today? Why can’t companies just offer employees enough money to make them go the extra mile, and everyone wins? There are three problems with the “it’s all about the money” approach:1. Maslow’s view. Way back in the 1940s, when
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Cover2010 03 01
Next Issue ›› March 2010

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