Psychology says salary increments affect employees - But not in the way you think

While salary hikes offer a temporary boost, research reveals their impact on happiness and motivation fades quickly. Psychological studies highlight that factors like recognition, a sense of purpose, and perceived fairness often hold greater sway in fostering long-term job satisfaction than financial gains alone. Employees' desire for growth and feeling valued plays a crucial role in their overall engagement and contentment at work.

Raccontata daeconomictimes.indiatimes.com