Managers are bombarded with advice about pay. Unfortunately, much of that advice is wrong, according to Stanford Business School Professor Jeffrey Pfeffer. The author describes what he calls "The Six Dangerous Myths About Compensation," and provides some advice and reality. This article, which originally appeared in the May-June 1998 Harvard Business Review, is offered in audio form exclusively through Audible.
Want to sharpen your leadership skills with previous editions of the Harvard Management Update? You can find past issues from 1997 to the present by clicking on matching edition under periodicals.
©1998 by the President and Fellows of Harvard College, All Rights Reserved; (P)1998 Audible Inc.