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They came to the right conclusion for the wrong reason. Compensation for performance works when there is a strong correlation between performance and compensation.
The reason it does NOT work is because IT/high Paid professions have work who's performance can not adequately be measured OR the parties who hand out the rewards are blatently compensating failures.
Commented Jun 25, 2010 on The Vast and Endless Sea at Coding Horror
The Vast and Endless Sea
After we created Stack Overflow, some people were convinced we had built a marginally better mousetrap for asking and answering questions. The inevitable speculation began: can we use your engine to build a Q&A site about {topic}? Our answer was Stack Exchange. Pay us $129 a month (and up), and...
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Jun 25, 2010
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