Success at Work Is Warped by Your Co-Workers’ Salaries

Design your compensation scheme carefully.

"It was as if simply knowing how the market valued talent made them want to be entirely different people at work. These players couldn’t resist the incentives 'to produce whatever the boss is measuring and rewarding,' as Mr. Card wrote in an email, even if those bosses were measuring and rewarding the wrong numbers." WSJ, Sept. 2022