Employee Incentives

Stephen Lovett once said, an incentive is a bullet. A key, and often tiny object with astonishing power to change a situation. And Charlie Munger famously stated, show me the incentive, and I will show you the outcome. There's no question that a well-thought-out incentive can massively motivate your workforce and generate significant gains for your company. Nothing gets people enthusiastic about a goal like telling them there's something special in it for them, whether it's money, prizes, a...