Comments on: Lab rats, Michael Jordan and Wall Street pay http://blogs.reuters.com/adam-pasick/2009/10/22/lab-rats-michael-jordan-and-wall-street-pay/ Adam Pasick's Profile Wed, 17 Nov 2010 20:21:24 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: drewbie http://blogs.reuters.com/adam-pasick/2009/10/22/lab-rats-michael-jordan-and-wall-street-pay/comment-page-1/#comment-51 Tue, 27 Oct 2009 17:32:03 +0000 http://blogs.reuters.com/adam-pasick/?p=19#comment-51 “Or maybe there is a customized, optimum salary for each and every person”

I think an experiment with this hypothesis would show a decrease productivity, especially if the subject knew what his maximum was. There would be no incentive to work hard after reaching it.

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By: Milt http://blogs.reuters.com/adam-pasick/2009/10/22/lab-rats-michael-jordan-and-wall-street-pay/comment-page-1/#comment-48 Tue, 27 Oct 2009 16:44:59 +0000 http://blogs.reuters.com/adam-pasick/?p=19#comment-48 Jordan succeeded not because of the money he was paid although he ceased to worry about his next meal. He succeeded because of his drive to win. He and Phil Jackson infected the rest of the team with a positive attitude that rarely was beaten. I don’t know about lab rats. There is a kernel of truth to this article but the points are stretched to fit the desired outcome.

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By: Kris http://blogs.reuters.com/adam-pasick/2009/10/22/lab-rats-michael-jordan-and-wall-street-pay/comment-page-1/#comment-27 Mon, 26 Oct 2009 07:57:57 +0000 http://blogs.reuters.com/adam-pasick/?p=19#comment-27 It’s very similar to Karl Dunker “candle problem” tasks and issue of proper rewarding policy. Dan Pink delivered a speech covering that issue and arguing that we should rethink motivation model.

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By: Alfred http://blogs.reuters.com/adam-pasick/2009/10/22/lab-rats-michael-jordan-and-wall-street-pay/comment-page-1/#comment-26 Mon, 26 Oct 2009 03:53:33 +0000 http://blogs.reuters.com/adam-pasick/?p=19#comment-26 interesting hypothesis but… Jordan wasn’t one of those ‘highest paid’ NBA players during most of the years he was with the Bulls. he wasn’t even the highest paid player on the team several of those years… (he did make a lot of money on the side with endorsements.)

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By: David Neubert http://blogs.reuters.com/adam-pasick/2009/10/22/lab-rats-michael-jordan-and-wall-street-pay/comment-page-1/#comment-1 Thu, 22 Oct 2009 17:58:52 +0000 http://blogs.reuters.com/adam-pasick/?p=19#comment-1 So true. When I was a trading desk head, I found that fear of job loss was a much better motivator than pay.

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