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When a Pay Raise isn't Really a Pay Raise

Monday, October 22, 2007

When do salary incentives motivate workers, and when do they just leave them feeling insulted, like outgoing Yankees manager Joe Torre? Isaac Cheifetz, an executive recruiter, and author of Hiring Secrets of the NFL: How Your Company Can Select Talent Like a Champion (Davies-Black, 2007), compares the pro-sports incentives practice with that of corporate America.

Hiring Secrets of the NFL can be found at Amazon.com

Guests:

Isaac Cheifetz

Comments [6]

alex from greenpoint


you must remember that brian cashman(yankees gm) stated last week that the new manager will not have an incentive based clauses in his contract. now that's a total double standard.

Oct. 22 2007 11:55 AM
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Gaines Hubbell from Knoxville, TN

How about some incentive pay for students? Maybe college students could get some incentive pay. (Even better, I'd like a severance package when I go to another university for my graduate degree to avoid "academic inbreeding)

Oct. 22 2007 11:52 AM
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Albert from Manhattan

I have a bachelors in mechanical engineering from Penn State, fifteen years of work experience and an MBA from Stern. I am currently earning 68k. I am desperate to find a new job. I can only dream of an incentive bonus.

Al

Oct. 22 2007 11:48 AM
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Peter from Brooklyn

Brian,

Im a temp - so i have NO incentive to work any harder then the bear minimum to not get fired (on that level- thank you & WNYC for your webcast).

Infact, when i worked faster then i needed too, i lost a day of pay because i finished a project faster then expected.

I would welcome incentives (or a full time job)-Peter, brooklyn

Oct. 22 2007 11:47 AM
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TM from Brooklyn

A pay raise isn't a pay raise when it requires more time worked. Many employers succeed in putting that one over, and I wonder why people don't seem to get it.

Oct. 22 2007 11:42 AM
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Robert from NYC

A pay raise isn't a pay raise when the only thing you get is the cost of living increase. How insulting that is!

Oct. 22 2007 11:31 AM
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