HOW LONG WOULD YOU PAY, GETTING LITTLE OR NOTHING IN RETURN?

"What you do speaks so loud that I cannot hear what you say."

Ralph Waldo Emerson (1803-1882) U.S. poet/essayist/lecturer.

And what you don't do speaks pretty loud too.

Doing, not broken promises about things not done.

Not "explanations"; itself just a nice substitute for "excuses".

We are paid for doing what we say we will do to the benefit of ourselves and those who pay us.

Produce and you'll be paid; don't you won't, it's that simple.

Own It!

"All business depends upon men fulfilling their responsibilities."

Mahatma Gandhi

Late 19th/early 20th century leader of Indian nationalism

Excuses may explain why you didn't accomplish your goals but they don't excuse your failure.

Ultimately it comes down to put up or shut up.

No one gets paid forever simply explaining failure.

Carrots and Sticks

"There are two levers for moving men, interest and fear."

Napoleon Bonaparte

Late 18th/early 19th century French general

Just as in business.

Which do you use most often?

Which are you more likely to respond to?

Money Talks?

"Fidelity purchased with money, money can destroy."

Lucius Annaeus Seneca

1st century BC Roman philosopher/playwright

We secure the labor of others by paying them money, only to have someone else take them away by paying them more.

Unless that is, we owe and pay them something more than money.

Do we, should we?

Compensation: All For Some or Some For All?

"My husband once worked for a company that had a merit pay system. After six months they told him he owned them money."

Phyllis Diller

Personally I like performance based compensation. The company makes money, everyone who works there should as well and when it doesn't, all oxes must be gored.

Of course for this to work all employees must plan for the inevitable ups and downs that affects every company. Not likely; even management doesn't always do a good job of that. And there is the little problem of senior managerial greed

Still, I like the concept of we all eat or starve together.

What about you?