#performance-based-pay

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fromBusiness Insider
5 days ago

What Elon Musk's $1 trillion pay package can teach you about negotiating your own salary

When it comes to earning a living, you might want to be more like Elon. There are some strategy lessons to be learned from the world's richest man, who just won a pay package worth up to $1 trillion at Tesla - even for those of us whose paychecks come with fewer zeros. Of course, most people can't go work at their rocket company if their promotion or job offer doesn't come through.
Careers
Business
fromBusiness Insider
2 weeks ago

Walmart is rolling out a new raise strategy for hourly store workers, leaked documents show

Walmart links hourly raises to attendance, teamwork, and store performance, adjusting pay up or down by up to one percentage point beyond tenure-based raises.
Business
fromFortune
1 month ago

Elon Musk's pay package is inspiring copycat 'moonshot' deals that push CEOs to drive up stock prices-but comp experts are nervous | Fortune

Axon CEO Rick Smith accepted a high-risk, Musk-style moonshot pay plan and achieved all targets in five years, earning record compensation.
Startup companies
fromBusiness Insider
1 month ago

RIP 'rest and vest.' Big Tech has a new way of paying employees.

Front-loaded equity vesting is spreading in tech, tying long-term compensation to early performance and annual refreshers, reducing security of automatic 'rest-and-vest' payouts.
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