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Productive Reciprocation

What's your approach to compensation? Do you generally pay as little as possible to get and keep the people you want? If you do, you may be shooting yourself in the foot. According to 12 The Elements of Great Managing:

"While money itself does not buy engagement, it appears an employee's perception that the company is aggressively looking out for his financial interest leads to productive reciprocation."

Do your people feel you're agressively looking out for their financial interests? If not, I wonder what THAT costs?

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