Something that adds to stress is the fallout from a wave of redundancies, which can cause longer hours, heavier workloads, stalled career advancement and also the stress of dealing with the contacts of the person who had left.
At one company, I worked in a small team with some members being experts in their particular field, no-one else really understood what they did. When the experts were made redundant there were a few weeks of calm, with the odd phone call (sometimes going to voice mail), otherwise everything seemed ok. After a few weeks, of neglect, systems started failing and phone calls to the departed experts ran hot, it was absolute kaos. Some of the redundant experts were willing to help out, others who were already busy in new jobs, not so much. The remaining team members took on what they could of the experts workloads, but most of it was farmed out to other specialists within the wider corporation (working overseas).

I have attended meetings and seminars where management have said that their people are the companies most valuable asset and that money is not the most motivating factor that gets people to work, challenging work gets people going. These lectures usually came before news that there are no pay rises and a greater workload is on its way. I like challenging work but not the challenge of doing more of the same work; and I like more money. As far as pay goes, I see perks as a bonus and integral part of a job. Word got around that a rival company had installed a gym in their computer centre for their shift workers. In no time our company was losing shift workers to the rival company at an alarming rate, in response our company installed a shower for early starter workers.