Economists will tell you that job responsibilities have to become less explicit and more relational. You will evaluate and reward employees based on subjective processes, such as performance reviews that take into account the complexity of the tasks and the employees’ strengths and weaknesses. Such processes are tough to implement because reliance on them to create incentives for good performance requires a great deal of trust. After all, a company can more easily decide to deny you that bonus, salary bump, or promotion based on a subjective review than when the performance measures are
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