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Ben Carlson: The Tyranny Of Benchmarking

FYI: A number of years ago the firm I worked for went through a lengthy review process of the compensation policies for our investment team. Management was trying to make sure our pay was aligned with industry averages but specifically, they were overhauling our bonus pool.
Regards,
Ted
http://awealthofcommonsense.com/2018/04/the-tyranny-of-benchmarking/
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