There's another problem no one has raised here, which is the problem of recruiting the best people. If you have the most exciting business, sure you can recruit great people. But for a lot of important-yet-boring businesses, incentives are the only place you can compete. So do you sacrifice your current employee's productivity or your recruiting potential?
Comments
There's another problem no one has raised here, which is the problem of recruiting the best people. If you have the most exciting business, sure you can recruit great people. But for a lot of important-yet-boring businesses, incentives are the only place you can compete. So do you sacrifice your current employee's productivity or your recruiting potential?