Justification that banks need to fork out massive payouts to retain top talent is a fallacy?


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ref http://guardian.co.uk/commentisfree/2011/jan/18/bonuses-for-fruit-pickers-not-bankers "more complex task of doing maths, incentives served to worsen performance" "Now for the other argument, that financial institutions need incentives to keep these superstars. That fallacy is neatly...


Black Panther

Bankers...Footballers....They need to be paid top dollar.
But hang on...how come the Sunday football teams can manage without any pay whatsoever.
I'd rather go banking on a sunday than play football.
So that's bollox...innit.

Ratz

That's not even new information. Studies have been saying this for years.

Andrew S Calm before the storm

I agree that the people around the so-called "top performers" often don't get the credit they deserve and the so-called "top performers" take credit they don't deserve.