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That's the beauty of a "bad incentive system" that is designed by management: plausible deniability. This was the execution of evil master planning by manageme

by a3n 9y ago

That's the beauty of a "bad incentive system" that is designed by management: plausible deniability. This was the execution of evil master planning by management, which included indirect rather than direct instruction. They knew that what they rewarded would get done, no matter the law.

tedunangst 9y ago
Seems like a lot of work to make a few million dollars. Not to mention downside risk.
- a3n 9y ago
  And yet here we are, discussing a thing that I seriously doubt happened by random chance. Was there an internal forum where the thousands of bad apples came up with this? Or were they reacting to obvious and enforced management preferences?
  - tedunangst 9y ago
    It's pretty obviously bank tellers had perverse incentives. But I'm not sure it's so very different than a company that pays the QA a bonus for every bug found, then wonders why the bug tracker is filled with crap.
    - empath75 9y ago
      The difference is that filing fake bugs isn't theft.
      - kbutler 9y ago
        Yes, it is, just as much as creating fake accounts is. The difference is just that you're stealing from your employer, instead of your employer's customers.
- empath75 9y ago
  What's the downside risk? Getting a slap on the wrist fine that doesn't come close to clawing back profits?
  - tedunangst 9y ago
    I think it's very reasonably cynical to expect a bank to happily pay 50 million fines to make a billion in profit, but I don't think the numbers are working out in their favor here.