You’ve heard quite a few different suggestions as how to take a dent out of the hefty U.S. unemployment rate, but here’s one you may not have heard: pay people less, and more. Kevin Kruse says paying people a lower base salary and a bigger performance bonus would do wonders for the job market.
Kruse is the co-author of We: How to Increase Performance and Profit Through Full Engagement. Our conversation lasts about seven minutes, below.
Hmmm. Sounds interesting. IMSM, it worked pretty well in Japan during the boom times.
-kh