DW: Does it help that you’re an ESOP company? Does that make it
easier for employees to align their interests with the goal?
CM: It depends on the individual. Someone who is ten years from retirement
is more interested in the value of the stock. Someone who’s been here three
or four years, they’re looking at the individual-based bonus. So we actually
began to implement team bonuses instead of individual-based bonuses.
Today we’re working on disconnecting the link between compensation and
performance feedback. Feedback is going to be all team-based.
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