bonuses

2 statements across 1 episodes · 0 bullish · 2 bearish · 2 people on the record · first statement May 17, 2022 by Shane Parrish · across every show →

Everything said about bonuses, oldest first

May 17, 2022 negative
Opinion
Parrish: Annual bonuses are largely ineffective and distort employee effort timing
“I think this is one of the reasons bonuses are largely ineffective either. They're, Not material for the vast majority of people, and they happen once a year, and so you tend to get feedback once a year, and you know, in those three months before you get your …”
Shane Parrish May 17, 2022 ▶ 49:00 Justin Su'a: Peak Mental Performance
May 17, 2022 negative
Insight
Su'a: Approaching a bonus triggers a performance-harming bias toward action
“I think we have a bias towards action. I think they're really, really an action bias as opposed to, hey, just keep doing what you're doing. Trust what you're doing was right and trust that the, that your process will yield the results that you're looking for a…”
Justin Su'a May 17, 2022 ▶ 50:55 Justin Su'a: Peak Mental Performance
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