But note that Vanguard's incentive pay system, created in 1984 by founder John Bogle , is more or less the inverse of what you would see at a for-profit firm.

FORBES

Until that point, Microchip had opted for the standard, incentive-heavy system, in which base pay represented 60% of sales compensation, and commissions accounted for the remaining 40%.

FORBES: For Lasting Sales Motivation, Stop Spraying Cash Around

In April, national insurance contributions the money employers pay into the social security system will be extended to include private medical insurance, an incentive for some firms to eliminate the benefit and save the costs.

ECONOMIST: Health