3 ms·
I'm curious if these incentives really work at all. For example it's common knowledge a real estate agent won't go for the most money per deal. They'll go for
by greggman 10y ago
I'm curious if these incentives really work at all.
For example it's common knowledge a real estate agent won't go for the most money per deal. They'll go for the quickest money per deal. No real incentive to spend extra time pursuing the most money.
I get that's not a direct analogue for the CEO case but how do we know the getting 80 million for hard work and success is more motivation than 15 million for easy work and failure.
It seems like if you want to motivate success you'd also need to disinsentivise failure . Not by making it so the CEO gains less if they fail but so they actually lose.if they fail. In otherwords their net worth has to go down for failure.