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Darrin Thompson
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One counterexample that comes to mind is the slot machine. It doesn't seem to fit your fun constant. Winning is random. Mastery is an illusion. The whole system is perverse and exploitative. Yet the players play and "enjoy" themselves.
I thought I read somewhere that Google made compensation info available to all employees. So you know how much your peers and possibly managers make. I can't find the link now. Also, I think they implemented a kind of automated peer ranking system instead of a traditional review like you described. I currently work for a very decent company that tries hard to make annual reviews work and mostly fails, IMHO. And I'd consider this a good company. A traditional review every month might work better.
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Aug 11, 2011