Pay can also be an effective way of undermining motivation in your business.
Be aware that every pay packet sends a message - and employees are sensitive to its nuances.
7.1 If you pay less than the competition, you can expect to have demotivated employees.
7.2 If you give rises only when people threaten to quit, you are rewarding disloyalty.
7.3 If you pay higher rates to attract new employees, current employees will resent it.
7.4 If you use year-end profit as a target for bonuses, employees will not see a direct link between their efforts and their bonuses.
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