Variable compensation. Performance based incentives. Commissions. Bonuses. Profit sharing. Employee Stock Ownership Plans.Â
These all such great ideas — when the markets are booming and business is growing. But in a depressed market (like ours) those plans turn into cruel jokes. I remember working for a NY dot-com firm just before the bubble burst. I received [...]
Category Archives: Motivation
China Compensation: Has your payroll suffered a recession cut?
October 16, 2008 – 2:40 am
What is ‘Managerial Thinking’?
July 26, 2008 – 12:51 am
“Managerial Thinking” is one of those fashionable terms we hear a lot, but sometimes the meaning isn’t really clear. What is “managerial thinking”, and what does it mean to China’s professional managers?
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We defines managerial thinking as “being willing to take responsibility for EVERYTHING that happens in your department or company”. When we say “take responsibility”, [...]
