“At JM Tess, in the first couple of years, our bonuses went up 3x because we had been driving the results and they were seeing it”

Capital Allocators - Inside the Institutional Investment Industry · Building a Berkshire for the Middle Market - Tracy Britt Cool

Play from 41:21
41:21

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What was described

Aligned employee bonuses to turnaround-time KPI, resulting in bonuses increasing three-fold within a couple of years

bonuses up 3x

Said nearby on the same subject

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“We paid Jim White and Irv Weintraub a total of $44 million… lost the lawsuit for the building they bought for $35 million… bonuses of about $25 million.”
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“Within the last year, we saw almost a 200% increase in folks wanting to use AI for things like agents…”
♫
Said on The AI in Business Podcast
Hard number 200% increase Share this moment

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