4 ms·
There are a few people who are capable of such remarkable profit-increasing feats. Most companies rarely encounter them, and have never bothered setting up syst
by titanomachy 6y ago
There are a few people who are capable of such remarkable profit-increasing feats. Most companies rarely encounter them, and have never bothered setting up systems to reward that kind of work.
Many of these people eventually end up working at companies that _do_ have such systems. Anecdata: a friend of mine recently found a clever hack that increased ad revenue on a major product by some fraction of a percent for one of the world's largest internet companies. His bonus that year was equivalent to a down payment on a nice house.
- war1025 6y ago> There are a few people who are capable of such remarkable profit-increasing feats My brother is an industrial engineer. His job is literally "make processes more efficient." As in, "This month, I increased the yield efficiency by X percent, saving the company Y millions of dollars per year in perpetuity" It'd be great for him if he got some sort of commission off those gains, but he is paid pretty well to do what he does, and he enjoys the work. Increases in efficiency are great for profits, but they are also the reason prices of things come down over time.