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While competitive pay can motivate employees and enhance job satisfaction, it is not the sole factor influencing performance. Factors such as workplace culture, job fulfillment, recognition, and opportunities for growth also significantly impact employee performance. In many cases, intrinsic motivators can be just as important, if not more so, than financial compensation. Ultimately, a balanced approach that includes fair pay along with a supportive work environment tends to yield the best results in employee performance.

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4mo ago

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