Compensation In A Task-Based Economy

Now this is a provocative article from BusinessWeek.com titled Defining A Job.  The article is quite thorough in it’s reasoning and well worth the read.  But let’s start with this explanation: In a nutshell: how do you define a job? For most organizations today, it’s based on the unit of time—40 hours week, for example—but I believe that definition is rapidly reaching the end of its useful life. Going forward, many jobs in our economy will be better defined by and compensated according to the task performed, regardless of the time spent achieving the desired outcome. Ironically, the switch from time to task takes us back to the way most… Read More

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