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Tag Archives: fixed fee

Innovation Does Not Occur in a Year

Posted in Management
Getting paid by the hour stresses us, according to Frank Partnoy. He says that "(i)nnovation doesn’t occur in a year or a quarter—and certainly not an hour. So why measure work in too-brief increments?" This is a novel rationale for moving toward the fixed or flat fee billing concept and away from hourly billing. During … Continue Reading