A software development company is struggling with low productivity and frequently missed project deadlines. The board is considering two different strategies to address this issue.

Strategy A: Implement advanced employee monitoring software to track activity and ensure employees are on task.

Strategy B: Raise all developer salaries to 20% above the industry average, creating a strong incentive for employees to perform well and keep their high-paying jobs.

Evaluate the potential effectiveness of each strategy in solving the company's worker motivation problem. In your answer, justify which strategy is likely to be more successful in the long term and explain the economic reasoning behind your choice.