Why Florida didn't win the Race to the Top

The Economist:

HEY THERE, talented recent university graduate! I'd like to offer you a job in an extremely challenging and rewarding field. The pay is based almost entirely on performance metrics--you know, what they used to call "commission" in the old days. The better you do, the more you earn! Of course the worse you do, the less you earn, but don't focus on that--you're a winner, you'll do great. We can offer you a five-year contract to start. By "contract" I mean we'll let you work for us, if things work out, but we can of course fire you at any time. And after that you'll have solid contracts! Each contract lasts one year, and we can decide to let you go at the end if you're not performing up to our standards. And by that time, you'll be earning...well, actually, you'll be paid at exactly the same rate as when you started out. We're prohibited by law from paying you more just because you've worked for us longer. If, however, you want to go get qualified in some new technical field or obtain an advanced degree, then...we can't raise your pay either. We basically just pay you a flat standardized commission depending on how well you perform on the mission.

Posted by Jim Zellmer at April 1, 2010 1:02 AM
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