Remuneration Tag Archive

Don’t set regular bonuses, reward whenever it is deserved

(Extracted from Double Your Profits: In Six Months Or Less by Bob Fifer) Once any bonus, any reward becomes automatic, it ceases to serve any motivational purpose and becomes a tool of bad, not good, management. I...

November 22, 2019| People Read More

Pay generously to employees with direct impact to your profits

(Extracted from Double Your Profits: In Six Months Or Less by Bob Fifer) Setting salaries in superbly-run businesses requires three rules: For groups or levels of employees who have a direct impact on your...

November 22, 2019| People Read More

CEO of a startup should not receive more than $150,000 per year

(Extracted from Zero to One by Peter Thiel) For people to be fully committed, they should be properly compensated. Whenever an entrepreneur asks me to invest in his company, I ask him how much he intends to pay...

September 21, 2019| People Read More

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