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Initiatives may also involve developing new compensation structures.
If their compensation structures change, sales reps will notice.
"This is taking property without just compensation".
The former only requires that the owner 'shall receive a reasonable compensation'; the latter, that private property shall not be taken for public use 'without just compensation.' Reasonable compensation and just compensation mean the same thing.
Just compensation to the victims is a legitimate objective.
That raises the question of what would be just compensation?
"There doesn't seem to be anything entrepreneurial about that except the compensation structures".
Both General Electric and the Walt Disney Company made changes to their compensation structures in the face of dissent.
"In other words," he adds, "the compensation structures are backward.
It is really about designing the right compensation structures and incentives to encourage sites to work together and sell more.
Compensation structures are certainly relevant in terms of understanding the risks that these banks are incurring.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com