Ben Chapman

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The higher up the corporate ladder, the higher the compensation to the individual. This might be justified, as it makes plenty of sense to pay individuals according to their contributions. However, and in general (provided we exclude risk-bearing entrepreneurs), the higher up the corporate ladder, the lower the evidence of such contribution. I call this the inverse rule.
Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets (Incerto, #1)
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