4 ms·
Sure not. Unless the fine is high enough to hurt financially the person that is infringing the rules, it will have the opposite effect. It'll allow a false sen
by guiambros 14y ago
Sure not. Unless the fine is high enough to hurt financially the person that is infringing the rules, it will have the opposite effect.
It'll allow a false sense of entitlement; "I'm paying for it, so it's now ok to arrive late to pick up my child. It's my right".
- jfoutz 14y agoIt's not false if you're paying for it. you've bought the right.
- codinghorror 14y agoI'm pretty sure that $10/minute isn't hurting anyone working at a VC firm enough to matter. Maybe $10k/minute? A fine that was high enough to cause financial harm would surely have other unanticipated effects.
- roel_v 14y agoWhat do people working at VC firms (as opposed to partners at VC firms) make? I don't think anywhere near enough to make paying a couple of hundred dollars per week just for showing up late negligible. E.g, http://www.wallstreetoasis.com/salary/venture-capital-compensation http://www.wallstreetoasis.com/salary/venture-capital-compen... lists 'analysts' and 'associates' at between 80 and 250k. Not the kind of money to light cigars with 20 dollar bills (certainly not in NYC).
- guiambros 14y agoThe key point is to cause pain. A fine high enough to hurt financially the person breaking the rules is one option (that's what governments usually do). Other good option is public embarrassment. I used the $1 fine for people late to meetings, but we also counted the number of times each one was fined, so there was an extra incentive to avoid.
- DanBC 14y agoBe careful the 'fine' (preventative) does not become a 'charge' (entitlement). "I've paid my dollar, so what if I'm late?" (As mentioned in that pop-economics book about the parents and the nursery.)