Its not wise for management to overpay staff... If the organisation is new and they wanted to attract there best staff by over overpaying them, then that will be a big mistake.Building a great team is the dream of every management but it comes with a cost.
I’m not saying you should overpay. To have a great team the management must be generous. Generosity, combined with a reputation for fairness along with exciting work is a winning formula to build a great team.
Is it wise for the management to overpay staff members?