Performance based salary What you need to know
I find it astonishing that companies feel that they need to motivate their employees to act in the interests of the company. I just read that the typical CEO of a public company in the US takes home 9. 6 Mill Dollars. A huge percentage of the 9. 6 Mill Dollars are performance based income: Stock options, bonus payments You name it. What is really amazing is that a lot of people think that managers and CEO s need to be paid performance based. I don t get it: Do managers really have to be motivated to do their jobs properly Please don t get me wrong: A CEO should be generously compensated if he is doing a good job. If the CEO brings benefits to the company he might be worth 9. 6 Million dollars or even more. Fine with me But a CEO does not have to be motivated Either, this guy is intrinsically motivated motivated by himself or the management board should get rid of him immediately: Just fire him You don t want a CEO who needs to be motivated with money. How motiv
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