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re: How not to motivate your employees - CEO of Herman Miller/Knoll
Posted on 4/17/23 at 6:16 pm to Bjorn Cyborg
Posted on 4/17/23 at 6:16 pm to Bjorn Cyborg
quote:
I have said in at least three different posts, some variation of: "If bonuses were earned and not paid, then this woman deserves all the scorn she is getting. But if the bonuses were not earned, then I have no issue"
But for some reason you gloss over that she (and presumably the rest of the executive team) received their bonuses.
If the employees at large collectively failed so hard that none of them received bonuses, it would make sense that the executives bear responsibility for that failure.
She’s the one claiming there’s a massive shortfall that has to be filled. Sounds like she didn’t earn her bonus.
Posted on 4/17/23 at 6:28 pm to JohnnyKilroy
Your team just lost their bonus, they will understandably be mad/upset/letdown. Some may leave over it, some may work harder.
Don't berate them as a whole on top of that news. Will make those on the fence decide to bail.
Don't berate them as a whole on top of that news. Will make those on the fence decide to bail.
This post was edited on 4/17/23 at 6:29 pm
Posted on 4/17/23 at 6:45 pm to JohnnyKilroy
quote:
But for some reason you gloss over that she (and presumably the rest of the executive team) received their bonuses.
I didn’t gloss over it, I just don’t know it to be true, and apparently you don’t either, hence “presumably”
But let’s assume that’s true: Are you of the opinion that if executives, say a CEO, qualify for a bonus or stock options, they should forgo those bonuses if other employees don’t qualify for their bonuses - even if the criteria and triggers may be completely unconnected?
Managers and sales personnel are often bonused on meeting sales goals, profit levels or budgetary plans.
A CEO could be rewarded based on stock price targets, acquisitions or completely non-monetary thresholds like meeting diversity goals or even just hitting an anniversary date.
So it’s not out of the ordinary for executive bonuses and management/sales bonuses to not always be aligned.
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