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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Molson Hart‏ @Molson_Hart 11 Dec 2019
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      Is this a good long-term yearly salary review policy? I prefer raises over bonuses because bonuses are quickly forgotten and a raise is a recurring reminder to do a good job.pic.twitter.com/Gl1jpPL3lS

      3 replies 0 retweets 1 like
    2. Michael Girdley‏ @mgirdley 12 Dec 2019
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      Replying to @Molson_Hart

      These guys found that tying to company performance resulted in lower overall satisfaction versus mostly personal performance:https://hbr.org/2017/03/research-how-incentive-pay-affects-employee-engagement-satisfaction-and-trust …

      1 reply 0 retweets 1 like
    3. Molson Hart‏ @Molson_Hart 12 Dec 2019
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      Replying to @mgirdley

      Cool, thanks. If I’m not mistaken, authors looked at company performance rewards vs individual. I’m suggesting a hybrid. They also only interviewed managers. Typically people who reach that level are more qualified on average and thusly favor individualistic reward systems.

      1 reply 0 retweets 1 like
    4. Michael Girdley‏ @mgirdley 12 Dec 2019
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      Replying to @Molson_Hart

      Makes sense. Most of my orgs settled on 60/40 or 70/30 company/personal goals bonus schemes. Despite this study, it seems to work well! Good luck.

      1 reply 0 retweets 1 like
    5. Molson Hart‏ @Molson_Hart 12 Dec 2019
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      Replying to @mgirdley

      Thanks, I will need it. It really needs to be done on a case by case, year by year basis. Best not to say "we will always do 70/30" because if you're running out of cash, you need to do what you need to do. That said, fascinating that you've seen higher company work best.

      2 replies 0 retweets 1 like
    6. Michael Girdley‏ @mgirdley 12 Dec 2019
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      Replying to @Molson_Hart

      For leadership yes because they can impact company results. Below that, individual needs to be most of it if not all.

      1 reply 0 retweets 1 like
      Molson Hart‏ @Molson_Hart 12 Dec 2019
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      Replying to @mgirdley

      Excellent distinction.

      7:10 PM - 12 Dec 2019
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