2 ms·
I agree about the collusion bit but for another viewpoint "Measurement alone is not enough. An example of a job with measurement but not leverage is doing piec
by plinkplonk 18y ago
I agree about the collusion bit but for another viewpoint
"Measurement alone is not enough. An example of a job with measurement but not leverage is doing piecework in a sweatshop. Your performance is measured and you get paid accordingly, but you have no scope for decisions. The only decision you get to make is how fast you work, and that can probably only increase your earnings by a factor of two or three.
An example of a job with both measurement and leverage would be lead actor in a movie. Your performance can be measured in the gross of the movie. And you have leverage in the sense that your performance can make or break it.
CEOs also have both measurement and leverage. They're measured, in that the performance of the company is their performance. And they have leverage in that their decisions set the whole company moving in one direction or another
"
PG in the essay "How to make wealth".
"Measurement and leverage" is a good way to judge if a job is worth being paid very highly for imo.