"no motivation among your employees to perform more than the absolute minimum work required to keep their job"
There is a great body of research suggesting quite the opposite actually. Beyond a certain level of compensation, offering more money does not correlate with better productivity or creativity at all.
Those who are satisfied with doing the absolute minimum to keep a 9-5 job are not suddenly turned into great inventors if offered more money. I have often found that the most valuable engineers are their absolute worst critic when it comes to quality of work and work ethics. They would put in their absolute best even if they were doing something for free/opensource.
There is a great body of research suggesting quite the opposite actually. Beyond a certain level of compensation, offering more money does not correlate with better productivity or creativity at all.
Those who are satisfied with doing the absolute minimum to keep a 9-5 job are not suddenly turned into great inventors if offered more money. I have often found that the most valuable engineers are their absolute worst critic when it comes to quality of work and work ethics. They would put in their absolute best even if they were doing something for free/opensource.