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Give me the money
Posted on 05 August 2008 by Clare Bradwell

It seems the younger Castro is taking steps to make Cubans happier. The introduction of performance related pay appears to be old hat to much of the capitalist world but to Cubans it means possibilities and openings.

It is interesting to see what motivates a doctor or lawyer to study and gain qualifications when their pay is comparable to that of an unskilled worker. Pure passion of the subject perhaps…? It leads one to ponder also whether having incentives and aims as the capitalist world does, dampens an individual’s pure love for their job and to regain some motivation we pile more money at them.

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Nick said...
This is a very interesting one Clare. At some point, the remaining communist countries will have to open up. This is regardless of the political will of their people, and much more about the internet and the freedom of information that now exists around the world. Will therefore be very very interesting to see how long it takes the kind of dirigiste regimes, who are so used to command-and-control, to change.

Talking to soldiers who are recently back from Iraq, I am always struck by how they comments on the Iraqis' lack of readiness for responsibility - perhaps a reflection of all the power being vested in one pair of hands for so many years? People just aren't ready to take ownership of issues, to take decisions and make things happen.

Watching how the Chinese economy develops in this respect will be truly fascinating - and a real case study for all of us in HR.
06/08/2008 14:19:00
Rosie said...
It's interesting, though everyone has different motivations. If someone is going to spend years studying a subject, one would hope they are passionate about it. Of course it's not always the case.

In the case of those who want to be doctors, they invest alot of time and money to try to get there. It's risky, not all of them make it and there are different paths that can be taken. Some might go for the plastic surgery option and make lots of money, others might choose to work in a third world country.

Neither worlds are perfect, but think I would always want to have the choice and flexibility to do what I felt was right with my time and money.

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05/08/2008 11:49:00
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