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Low inflation is boosting the value of pay packets.
Typically central banks focus on inflation as this helps stabilise the value of pay, which might otherwise be eroded by rising prices.
Mike Hopkins, the president for affiliate sales and marketing for Fox Networks, said in a statement that the change was about providing a product to "enhance the value of pay television to subscribers".
At the same time, the value of pay for this group is declining in real terms – even with the uplift to the national minimum wage this October, it will still only match the real-term level that the wage was at almost 10 years ago in 2005.
Still, for all its present shortcomings, Mr. Jensen believes deeply in the value of pay for performance, which he first explored in research with William L. Meckling in the 1970s, when both were economists at the University of Rochester's Graduate School of Management.
Evaluating the fair market value of pay for performance.
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Companies learned long ago the advertising value of paying to put their names on buildings.
Companies need to realise the benefits of work-based training and the value of paying for an apprentice.
And so one can easily imagine that they have run statistical models to calculate the value of paying us off.
Abu Dhabi opted last year to buy cheaper South Korean reactors.Some say that Fukushima proved the value of paying extra for safer reactors, such as the EPR.
But many parents would side with Professor Krueger and others who question whether the value of paying for a higher-priced education pays off for students or their parents.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com