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“Paying people for results works very, very well in the private sector.” Can you provide evidence of this? CEO compensation is a terrible model that encourages
by cudgy 4y ago
“Paying people for results works very, very well in the private sector.”
Can you provide evidence of this? CEO compensation is a terrible model that encourages short term tricks like stock buybacks, front-loading revenue, and other tricks to garner short term performance. As for rank and file employees, measuring results is difficult … just like in schools.
- WalterBright 4y agoEvery company that has salesmen paid on commission. > measuring results is difficult And the better job of that a company does, the more profitable it becomes. Companies have a very strong monetary incentive to do an effective job of that. > CEO compensation is a terrible model Is it? Executive bonuses etc. at Boeing crashed along with the MAX crashes.