Steve Jobs Quotes
I make 50 cents for showing up... and the other 50 cents is based on my performance.
Mossberg, Walt, and Kara Swisher. "Interview with Steve Jobs." D5 Conference, All Things Digital, 30 May 2007.
Deming was the greatest management expert in the world. In Japan, the highest medal the government gives is the Deming Medal. He and most others have observed that merit pay tends to sound terrific to almost all, but in practice the effect on morale and productivity becomes negative and counterproductive over time. The weakness seems to be in the validity of the assessment of performance. See Ramona Arnett {619264}
Steven Paul Jobs, was an American business magnate, industrial designer, investor, and media proprietor. He was the chairman, chief executive officer (CEO), and co-founder of Apple Inc.; the chairman and majority shareholder of Pixar; a member of The Walt Disney Company's board of directors following its acquisition of Pixar; and the founder, chairman, and CEO of NeXT. Jobs is widely recognized as a pioneer of the personal computer revolution of the 1970s and 1980s, along with his early buisness partner and fellow Apple co-founder Steve Wozniak.