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Anecdote-a-Day Archives

July 29th, 2008

When staff do a good job, they get little praise or receive little raise. When CEOs do a mediocre job, they get a big bonus. How does this equate to fairness?

In the public sector, the boundaries between fair and obscure are a very thin frontier that makes one wonder which is which. Companies always publically announce that they are an "equal opportunity employer," playing on the non-discriminatory sentiment across the western hemisphere. But that's just a limited factor that doesn't truly represent the concept of "equal opportunity."

We look in the news and see CEOs of large corporations receiving giant bonuses for mediocre work at best; we see them cut staff and be real conservative in distributing wage increases, saying "it affects the bottom line." Yet the CEO and other upper management cronies receiving a few million dollars here doesn't?

Where's the logic in that?

If we were to redefine the concept of "equal opportunity," then it would include the following:

Increased incentive Distribution: If the CEO can earn several millions in bonus for poor work, the staff can also be given several thousands for their outstanding work. Performance-based rewards do just that: they reward for outstanding performance. Where one does a poor job, should they not earn a big amount while plundering those who went out of their way during the period? That is the purpose of capitalism, is it not?

Removal of Immunity for Upper Management: Whenever staff do a bad job, they get fired. If a manager or CEO does a bad job, they get a chance to buy a big, shiny BMW or a Mercedes Benz. If upper management does a bad job, they should be properly punished. Rewarding mediocrity does not do anything to instill pride nor positive feelings across the harder-working ranks in the organization.

Increase Management Humility: Many in management positions lose touch with the rest of those with whom they work. What they think is much farther from what actually is. When things go wrong, they shift the blame to staff for "not seeing things their way." Perhaps it's the opportune time for those upper managers to come down to Earth and see what their supposed plans or ambitions would do (or not do). If they take a moment to come out of their "ivory towers" and see the world for what it actually is, then the fall won't be as hard when the company begins to break apart.

They'll actually be cushioned more during their fall if they take the time to be human like the rest of us.

 

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