> financial motivators don't matter _after_ you already have a comfortable life
Oh, this is a slightly different topic. Of course if your belly is growling money will motivate you a lot, and that motivation tends to go down the more you go past your comfort baseline.
But think of pay disparity for example. Maybe your belly is full but your slacker colleague is making more money than you. That has a good chance of demotivating you, making you ask "why should I try harder?". Reducing this disparity and (perceived) inequity, eliminating the demotivating factor, goes a long way and has a far longer lasting effect than just the same extra money would bring otherwise.
I totally agree, salaries aren't bad, bonuses are.
And pay disparity can be a problem, especially if salary data is hidden. I think most of the time the problem is a lack of openness about salaries and why they are as they are.
Oh, this is a slightly different topic. Of course if your belly is growling money will motivate you a lot, and that motivation tends to go down the more you go past your comfort baseline.
But think of pay disparity for example. Maybe your belly is full but your slacker colleague is making more money than you. That has a good chance of demotivating you, making you ask "why should I try harder?". Reducing this disparity and (perceived) inequity, eliminating the demotivating factor, goes a long way and has a far longer lasting effect than just the same extra money would bring otherwise.