Page 3 - Performance Pay News Today

Need a board of 15 people telling us what kind of treatment we should have, we instead need to have insurance plans, providers, hospital, doctors, on target, such that they have an incentive, as you say, performance pay, for doing an excellent job for keep being costs down. thats happening. inner mountain, mayo clinic is doing it. cleveland clinic, others. but the right answer is not to have the federal government take over health care and start mandating to the providers across america, telling...

Find way toss do things better are able to be more effective in bringing down the cost than the government ever will be. your example of the cleveland clinic is my case in point, along with several others i could describe. this is the private market. these are small -- these are enterprises competing with each other, learning how to do better and better jobs. i used to consult to businesses -- excuse me, to hospitals and to health care providers. i was astonished at the creativity and the innova...

Need a board of 15 people telling us what kind of treatment we should have, we instead need to have insurance plans, providers, hospital, doctors, on target, such that they have an incentive, as you say, performance pay, for doing an excellent job for keep being costs down. thats happening. inner mountain, mayo clinic is doing it. cleveland clinic, others. but the right answer is not to have the federal government take over health care and start mandating to the providers across america, telling...

So we have a rule that says you cant pay more than $1 million, except if you do it through some kind ofç performance pay, and thats what led to this stock options boom. which is itself a massive gimmick, and its been the way that the ceos have been paying themselves because they appoint the committees that grant them the compensation $10 million, $20 million, $30 million a year often, again, unlike any other part of the world. and what the story today in the "new york times" is saying is that ...

You know, just vitriolic reaction but its not surprising. i was in the wisconsin capital during all of this about a year ago and there were actual lists of companies to boycott because they supposedly were -- excuse me, supporting scott walker. and so this has been going on in wisconsin for a very long time. >> but the interesting thing is if you listen to her, what she agrees with the governor about as a teacher is just that she should be judged on her merits. all shes saying is what the majori...

But its not just in chicago. its a nationwide attack. >> where is your mayor rahm emanuel? where is the former chief of staff of the obama administration? where is rahm emanuel on this? is he anti-teacher? >> absolutely. hes been clearly anti-teacher from the beginning. he came in, he went to springfield to try to take our collective bargaining rights away. he made it so that it would be 75%. it would take our union to strike. he was adamant about us not being able to strike. yesterday he goes o...

Been vilified. but its not just in chicago. its a nationwide attack. >> where is your mayor rahm emanuel? where is the former chief of staff of the obama administration? where is rahm emanuel on this? is he anti-teacher? >> absolutely. hes been clearly anti-teacher from the beginning. he came in, he went to springfield to try to take our collective bargaining rights away. he made it so that it would be 75%. it would take our union to strike. he was adamant about us not being able to strike. yest...

Reality? and how do you think youve done it? >> well, first of all, thanks for the question. i think that im proud, just to take a look at chicago this week. you have the second largest marathon, 37,000 runners. you have ideas week. we just had a major international dance festival. two weeks from now the humanities festival. now, i believe in government, and what ive been doing from day one is reforming it to better serve the taxpayers of the city of chicago. we have it now with our educational ...

Step two, where other cities and states are cutting back on early childhood, 6,000 more kids in the city of chicago will go to full kindergarten. step three, we have the first accountability from the corporate suite in the school system all the way to the classroom. everybody will be on performance pay, including principals, teachers, and the ceo of the school system. and its the first time anywhere in the country a school system has accountability. third zsh -- second, safe streets. weve taken ...

Country, and there are some really good examples. number two, on the issue of lets call it differenttial pay. and some said it didnt work. a lot of other places have tried, fairfax county, other places, and most of these individual performance pay plans dont work to actually move the agenda. what does work is actually paying additional money for skills and knowledge. so if you want -- like what we did with the chancellors. pay people for additional time and to use that time. >> what about a long...