This presentation was being re-tweeted a few times. It’s on the subject of what motivates us. Ten minutes long. Watch it and then come back to me.
So, as long as the tasks are manual, mechanical and don’t require much brain use, more money means better performance.
When the job requires thought, more money generally means poorer performance. People need to paid enough so that the question of money isn’t on the table – otherwise you’re demotivating them. You have to provide other methods to motivate.
I’m not going to explain more. You’ll understand it all if you took my advice and watched the presentation.