I worked for a branch where the manager's bonus was tied to gross sales. So what did he do? Prioritize a product line that sold well, with low (actually negative!) profit margins.
He didn't sail blindly into icebergs; he targeted them like our factory was his personal pinball.
In this case, CEO compensation should have carefully nuanced incentives, not simply quarterly increments in stock price.
m4rtink|2 months ago
IAmBroom|2 months ago
I worked for a branch where the manager's bonus was tied to gross sales. So what did he do? Prioritize a product line that sold well, with low (actually negative!) profit margins.
He didn't sail blindly into icebergs; he targeted them like our factory was his personal pinball.
In this case, CEO compensation should have carefully nuanced incentives, not simply quarterly increments in stock price.
gaws|2 months ago
Or the company gets acquired.