• But note that Vanguard's incentive pay system, created in 1984 by founder John Bogle , is more or less the inverse of what you would see at a for-profit firm.

    FORBES

  • Until that point, Microchip had opted for the standard, incentive-heavy system, in which base pay represented 60% of sales compensation, and commissions accounted for the remaining 40%.

    FORBES: For Lasting Sales Motivation, Stop Spraying Cash Around

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