I completely disagree with this. I have a friend who recently turned down a job that would have been a significant pay increase because he didn't like the sound of the working conditions (which would have also included relocation to a new place).
Many of the times that I recall when friends have left their jobs, the reason they left is not necessarily because they weren't being paid enough, but because they became tired of their job, or something changed at their employer that made working there less tolerable.
To generalize: I think there are situations where no amount of compensation will make the offer worth taking. How common they are ... that's a different story.
Of course, it’s still conditioned on the mentioned assumption.
But there's no way that a position cannot be filled with high-enough pay, provided the position isn't extremely unsafe or something like that. If you offer $1 billion per day for a job, someone will take it. This doesn't guarantee competency though, or that they'll come back the next day.
I had to work quite hard to make the team a pleasure to work at.
It seemed to have worked. When they finally rolled up US engineering, 27 years after I joined, the employee with the least tenure had a decade.
These weren't losers. They were highly experienced C++ image processing pipeline engineers.
Good managers make a difference.
People want to be happy. Once a person's financial needs are more-or-less met, it will be very hard to convince them to leave, even for substantially more pay, if they know their new job will make their lives materially worse for ~8h/day.
Also, a fair bit of device control stuff.
[EDIT] Oh, I just realized that you meant what kind of manager stuff.
It's a bit complicated, but, TL;DR, I insisted on treating each of my team as an individual. I learned about them, understood their personal priorities, learned what type of coding they were best suited for, got them involved in as much of the lifetime of the project as possible (not a little silo).
I also did not burn them out. I actually did stuff that the company HR people wouldn't like, like let them flex hours, and gave them slack, when they were going through personal stuff.
I also never lied to them; or to my bosses. It's entirely possible to keep secrets, without lying.
This would not work for many teams. I was fortunate, for having the types of employees that I did, and my company basically supported me, and gave me a fair bit of agency.
There are bad condition scenarios that would require far more compensation than filling the position delivers value.
"Not worth it" is a very real thing.
[2]: https://www.salary.com/research/salary/hiring/mining-machine... [1]: https://www.talent.com/salary?job=drain+cleaner
If someone can make six figures already as an electrical engineer or programmer or something, then even if you offer $1M/yr for your totally crappy job like another poster said, the best you'll get is that they'll do it for 6-12 months and quit. Try to put golden handcuffs on, and they'll just start coasting once they've gotten enough. Try to prevent that (e.g. have a clawback if you fire them), and they won't take the deal because they don't trust you not to screw them.
In this sense, on long-enough time scales, positions that cannot be filled no matter what compensation is offered don't exist. (QED/s)