Re:Minimum pay at Basecamp is now $70k
by onion2k on Tuesday May 21, 2019 @06:12AM
(#19968838)
I don't know of any company that deals with someone who is underperforming by accepting that shortfall and paying them less. That would be weird.
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Actually it’s extremely common but better known as performance related pay. This is framed as paying staff a bonus based on how well they have contributed but is often used to distribute the same pool of money, avoiding giving staff salary increases and effectively giving poor performers a pay cut.