Wednesday, 16 September 2009

Cash back!

Neal has passed on this TED lecture on why bonuses don't work.
Executive here get Performance Related Pay (£11 million, in the last year for which figures are available). I wonder how a multimillion pound shortfall, 250 redundancies, reduced courses and bigger classes are calculated… they'll probably get a bonus for their genius (ahem) solutions to the problems they've caused.

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