Hi

I have been a manager/architect for more than 12 years.

I feel there are external factors which you should not even bother controlling like pregrancy, child sick so need more money etc..

The other factors are guys dont get good work , recognition and most importantly they feel that they are NOT BECOMING MORE VALUABLE by the day. So even in BIG companies as a leader you should be able teach the guys new things, throw challenges to them so keep them mentally occupied. Appreciate them generously. Build a good personal rapport so they confide in you and not clam thinking if they tell you they want to quit and retract they will lose promotion or a raise next  appraisal cycle.

Money is a factor which cannot be controlled by the leader to  a great extent. It is market driven. So dont depend on that too much.

1.Throw challenges.

2. Teach them new things so want to work under you bcoz they know they will improve.

3. Appreciate them generously.

The above should help to a great extent.

Kumaran