How to Get Pay Right with Matt McFarlane
Matt McFarlane and I met earlier this year on opposite sides of a debate about pay for performance. His team argued in favor and won the audience vote 62 to 38, and a week later he published a piece saying he had never been a fan of it. That opening carries the rest of the conversation: what pay for performance sets out to do, why the mechanism breaks at nearly every link in the chain, and what companies use instead once they stop treating an annual rating as the engine of everything.
Matt runs FNDN, a compensation consultancy for startups based in Australia. He built the pay structures at…
The skinny
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