Web Events
Ian Berry CSP: Changing What's Normal with Ian Berry CSP FAIM,
09:00 AM - 10:00 AM (NZDT)
|
|
|
Tom Poland: This Is Simply Too Good To Miss,
09:30 AM - 10:30 AM (NZDT)
|
|
|
|
Watch Archived Webinars >
Would you like a salary of $70K and a bonus of $1 million?
One hundred years ago (yes 100 years ago) Andrew Carnegie paid one of his managers exactly that.
Carnegie's rationale was that the $70K was for what the manager could do, the $1m for what the manager could get other people to do.
Pay for performance is one of those very strange and emotional issues - does money motivate or not? Do huge salaries make people arrogant and out of touch with reality or are they just being paid what they are worth? I know the bankers and share brokers and CEOs on huge salaries have shocked most of us with their earnings - but right there in history is an example of someone receiving a similarly huge salary.
So does pay for performance work? ann
Sign up for our Powertools newsletter and recive a regular supply of tips and tools for growing your business and receive
5 Truly Inspiring e-books as our gift to you.
Ann Andrews CSP
Read more Ecademy.com
Posted by Ann Andrews CSP, filed under Tool-box News and posted on 28/08/2010
Subscribe to the Tool-box blog
Follow @corporatetools on Twitter
