Do incentives work? A qualitative study of managers' motivations in hazardous industries
Incentive schemes are one way that companies seek to align the interests of their employees with corporate goals. Indicators of major accident risk management have been historically excluded from such incentives. However, analyses of the recent BP disasters found that the incentives worked against process safety, and it was recommended that companies move to include indicators to support the safe management of their complex technologies. The extent to which this recommendation has been applied,...[Show more]
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