Search Results for: pay

“Pay for Performance” is a Bad Idea

Posted on July 21, 2008 by John Hunter

Pay for performance is a bad investment [the broken link was removed] by Pete Waters “Teacher pay set by the results” was the headline of a (Baltimore) Sun article I read the other day which suggested that “performance-based bonuses (were) … Continue reading →

Posted in Deming, Management, Performance Appraisal, Systems thinking | Tagged , , | 1 Comment

Paying New Employees to Quit

Posted on May 25, 2008 by John Hunter

[the video is no longer available] Training new employees and then paying them to quit, sounds pretty bizarre; Zappos is not afraid of doing things differently. Why Zappos Pays New Employees to Quit – And You Should Too [Harvard broke … Continue reading →

Posted in Creativity, Customer focus, Innovation, Management, Respect, webcast | Tagged , | 5 Comments

Unconscionable Executive Pay

Posted on March 19, 2008 by John Hunter

WaMu: Skip customers; save the execs [the broken link was removed] Since last summer, the company’s shares have lost nearly 80% of their value. But the bank is a softy when it comes to bonus pay for top brass. After … Continue reading →

Posted in Deming, Management, Respect | Tagged | 6 Comments

CEO’s Given Lottery Sized Payouts

Posted on September 27, 2007 by John Hunter

Comment on: Fun With Statistics, CEO Life Edition In the US, CEO’s tend to be fairly interchangeable these days and it is rare for their tenure to exceed five years. There are some notable exceptions such as chain-saw Al and … Continue reading →

Posted in Deming, Management, Performance Appraisal, Systems thinking | 2 Comments

USA Paying More for Health Care

Posted on September 11, 2007 by John Hunter

The USA health care system is well known as by the most costly in the world. Most also agree the system provides far from the best results – perhaps great results could justify such high prices but that is not … Continue reading →

Posted in Deming, Economics, Health care | 7 Comments

No Excessive Senior Executive Pay at Toyota

Posted on June 23, 2007 by John Hunter

Toyota Boosts Executives’ Bonuses on Record Earnings (link broken by Bloomberg has been removed – why can’t companies with huge IT budgets follow even basic web usability rules like not breaking urls?): Toyota Motor Corp., the world’s biggest automaker by … Continue reading →

Posted in Deming, Lean thinking, Management, Psychology, Respect, Toyota Production System (TPS) | Tagged , , , , | 5 Comments

Tilting at Ludicrous CEO Pay

Posted on June 11, 2007 by John Hunter

I continue to tilt at the robber barron CEO pay packages. Hopefully, at some point, the people approving these obscene pay packages can be shamed into stopping or replaced by people with some sense of decency. I was taught in … Continue reading →

Posted in Deming, Economics, Management, Performance Appraisal, Psychology, Respect, Systems thinking | Tagged , , , , , , | 10 Comments

Exposing CEO Pay Excesses

Posted on March 23, 2007 by John Hunter

The politics of pay from The Economist: Although barely one-tenth of the 2,000 biggest American companies have yet reported under the new rules, the tally of negative headlines is already mounting. “There are already plenty of examples of firms reporting … Continue reading →

Posted in Deming, Management, Respect, Systems thinking | Tagged , , | 4 Comments

Why Pay Taxes or be Honest

Posted on October 1, 2006 by John Hunter

This kind of stuff makes me mad. I was taught about robber barons in school (or actually I think by my uncle but…). And what I was taught was that business used to be seen as an amoral area. But … Continue reading →

Posted in Economics, Management, Psychology | Tagged , , , , , | 2 Comments

Excessive CEO Pay

Posted on September 28, 2006 by John Hunter

Overpaid CEOs and Underpaid Managers: Fairness and Executive Compensation by James B. Wade, Charles A. O’Reilly, III and Timothy G. Pollock: We also find evidence suggesting that CEOs serve as a key referent for employees in determining whether their own … Continue reading →

Posted in Deming, Management, Psychology, Respect, Systems thinking | Tagged , , , , , | Comments Off on Excessive CEO Pay