Originally Posted by Unregistered

Wow recently a PQE4 made a big hoo-ha in front of the managing partner during performance review. He was the top performer in 2020 but in 2021 his performance was rated below average.

He told the boss that he was the 2020 top performer but was not given a raise. Then he will just be a fair value employee aka I WILL PERFORM BASED ON HOW MUCH YOU PAY ME. If the boss pays him below market rate, then he will perform at the same level as well. Fair for two parties.

Had this fair value compensation thingy ever crossed anyone's mind? Do u think it is fair or is it damaging to the industry?