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by anbende
3538 days ago
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Let's stick to the facts. University employs a Nobel Award winning scientist. He spends the next 30 years doing very little. The University says "hey, that's not cool. We thought you were going to keep doing research. Everyone says they're being too demanding." I didn't say Nobel Award winners AREN'T a good investment. I said this one WASN'T. The University clearly thought he was going to produce. He didn't, and they were unhappy... with the return on their investment in him. Right. The equity of early employees is high. My example wasn't about compensation, clearly. It was how long you continue to keep an underperforming employee in a position just because they did good work in the past. |
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HAHAHAHHAHHAHAHAHAHHAHAHH, ROFL
Come on dude, I am sorry but you are wrong. Not just wrong but it seems you fundamentally misunderstand how world works.
See Peter Higgs is a Genius. The moment he published that paper, he knew that he essentially could do nothing, and the University would never "risk" losing him and waste potential payoff, even worse be ridiculed for firing a potential Nobel laureate. Also as wikipedia shows during all those years his research on Bosons kept him winning awards.
The University got far far far more than what they could have expected for when he eventually won the Nobel prize. Keeping him employed is equivalent to holding an option with enormous expected pay-off at small yearly recurring cost.
>> My example wasn't about compensation, clearly. It was how long you continue to keep an underperforming employee in a position just because they did good work in the past.
Except in academia having a seminal discovery, worthy of Nobel prize is equivalent to having large equity in that field. And from point of view of the University, losing such a person is equivalent to losing stake in delayed recognition of that work.