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12/02/2006

myth 99

'The myth of incorruptibility' An MNC buys talent all over the world. And they too fear corrupt employees. So how best to prevent employees from corruption? Pay them well, very well. But how? What they could probably do is to assess the corruptibility index of the applicant sitting in front of them and ask, 'How much will satisfy this guy?' Not how much this guy is worth. The guy in front of them is probably a super talent, and presumably will bring all his talents to the company given his straigth As in schools. Assuming they assess that this guy will want to earn his $10 million in 3 years, and he will do it the right way or the corrupt way, the MNC can then make him a reasonable offer. They can offer him $5 million out front and tell him he can get his $5 million over the next 3 years. Quite a fair deal actually. The guy should be happy as he will get his $10 without being corrupt. The net result is still the same. $10 million into his pocket. And the MNC is corruption free. And this guy with a $10 million corruptibility index will be seen as an honest man earning his honest pay. It is a win win situation. One strange thing is that China, rated as one of the most corrupt countries, refuses to adopt this model for its elite.

2 comments:

Anonymous said...

Bingo,
Redbean, you are extremely smile to realize that. This is the legal corruption used in Singapore. Law disguised in exchange for corruption but indeed is corruption itself, since the value is the same.

Anonymous said...

Bingo,
Redbean, you are extremely smile to realize that. This is the legal corruption used in Singapore. Law disguised in exchange for corruption but indeed is corruption itself, since the value is the same.