The right incentives - Deepstash

The right incentives

Organisations use a wide range of incentive schemes to motivate their employees: Some schemes are basic such as a base salary and a bonus if specific targets are reached. Other schemes are more complex. All involve critical decisions with critical trade-offs. 

One of the only ways for managers to know if there are better incentive schemes for their particular organisation is by altering the existing scheme for a limited time and see what happens to performance.

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The idea is part of this collection:

How To Become a Better Decision-Maker

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