Compensation

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a similar product invention unit last May, Industry@Saatchi, that’s paid at times through equity and met its two-year revenue goal in just six months, office CEO Lee Daley said.

“The FTE model does not really fit either party’s purpose,” said New York lawyer Rick Kurnit, referring to the full-time equivalent measure of agency labor. Kurnit, a partner at Frankfurt, Kurnit, Klein & Selz, added, “The old model of compensation has broken down. Paying for execution doesn’t work.”

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