Originally Posted by
canadiancow
I guess a better way to word it is that low compensation guarantees low performance.
High compensation doesn't guarantee anything, but it's generally a requirement for high performance.
if Mr. Pugliese compensation ONLY defined in monetary terms, this may very well be true.
The entire benefits package needs to be considered, which we will NOT be aware of for this new AC executive.
Financial compensation is certainly necessary, as you say, but really high flyers are incentivized by self-actualization.
in my case, spent 5 years working in a public organization that could not for PR reasons pay well, yet, the true benefits from this engagement keep paying handsomely over and over to this day - and I left that organization 15 years ago.
Wish Mr. Pugliese well, and hopefully his decision to join AC was more than for just a pay cheque - that is the most blunt tool of all, and HR folks know this for senior recruits.