4 ms·
worth noting that bonuses are customarily paid when the business is doing better than projected I've been chewing on this part. It's odd for a large profitabl
by ip26 4y ago
worth noting that bonuses are customarily paid when the business is doing better than projected
I've been chewing on this part. It's odd for a large profitable company to tighten the belt over a small miss that still left them large and profitable; they are not in trouble and their people aren't responsible for the macro. On the other hand, it's also no good to handsomely reward people when the business is not performing as it should; it misaligns key incentives.
Perhaps a good balance would be to retroactively adjust business targets for the purposes of the bonus; "One year ago, $X revenue looked feasible. Knowing what we know now, $Y would have been more in line with this year's market". Then you still measure collective success, but don't punish people for missing what turned out to be an impossible target.