Earlier quoted context omitted.
> requiring that moving into management always come with a pay cut to make people honest What about people that can't afford a pay cut financially?
If you can't find a way to deal with a pay cut, you're probably not cut out to be a manager. If you're spending 100% of your income then you're not good at planning ahead. If you can't find things to cut in your personal budget, you'll suck at managing the company's budget. And if you can't talk your wife into making do with less, you're not persuasive enough to handle employees.
Why your boss is incompetent
11–13 of 13 posts
Re: Why your boss is incompetent
#12They've shown that random selection is good when there's zero correlation between performance at level N and level N+1. Personally, I'm more interested in what happens if the correlation is non-zero, and performance at level N+1 has more impact than performance at level N? How does the best promotion strategy change as the level of correlation and impact of being higher up the ladder changes?
r = -1 ==> promote worst performers r = 0 ==> promote at random or based on completely independent criteria. r = 1 ==> promote best performers
And you can fill in everything in between. Putting it this way almost makes it seem obvious. In fact though, the hardest part is judging r.
impact of being higher up the ladder changes?
They did do this:
measured as a weighted average of employee competence, with higher-level positions counting for more
Edit: Missed a word.
Re: Why your boss is incompetent
#13This reminds me of First, Break All The Rules (see http://www.amazon.com/gp/product/0684852861?ie=UTF8&tag=... to get the book). They point out that many promotions require different skills, and that sometimes works badly. This is particularly true when people are promoted to manager. To avoid this problem they recommend giving people promotion possibilities within job roles AND requiring that moving into management…
Why does your manager get paid more than you? It's a simple question that people simply don't ask. The Coasian model of the firm suggest that employees need managers to prevent the other workers slacking off and free riding on your effort. I'd love to work for a business where the really scare talent treaded the managers as the interchangeable, and easily replaceable, support staff that they really are.