[lbo-talk] Merit Pay
michael perelman
michael.perelman3 at gmail.com
Sun Feb 27 21:33:53 PST 2011
One of the knocks on collective bargaining is that employers should be
able to pay people what they are worth. An interesting example of this
phenomenon came in the realm of professional football. In January 2011,
Pro Bowl cornerback Nnamdi Asomugha's contract was voided because his
contract included a little-known clause allowed the team to void his
contract if he didn't achieve his not-likely-to-be-earned incentives in
2010 -- and he didn't. One reason for his failure to earn his
incentives was that he was so effective that quarterbacks would not to
pass to someone near him. Consequently, he did not have any interceptions.
--
Michael Perelman
Economics Department
California State University
Chico, CA
95929
mperelman at csuchico.edu
530 898 5321
fax 530 898 5901
http://michaelperelman.wordpress.com
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