Tag Archives: incentives

Massively Unjust Executive Compensation Damages Companies and Investments

For years I have believed the massively unjust executive compensation packages have been doing great harm to American businesses. As an investor, one of the big risks that has to be evaluated is how much of the business profits executives will divert to their personal bank accounts. And investors also have to worry about the risks executives take to reach huge incentives which then greatly damage your investment. In 2007, I added two of my own deadly diseases to Dr. … Continue reading →

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Problems with Bonuses

What sort of bonuses should we pay? by Seth Godin: Money, it’s been shown time and time again, is a demotivator. I’m not talking about a fair or even generous salary. Being a cheapskate is no way to find a great employee. But once people have joined your team, incremental money–bonuses and the like–usually demotivate people. He is right. Why salary bonus and other incentives fail to meet their objectives by Dale Asberry. Lean Manufacturing Visionary Jim Womack On Frontiers … Continue reading →

Posted in Deming, Management, Performance Appraisal, Psychology, Systems thinking | Tagged , , , , , | 5 Comments