I know, you said that already, but I am wondering about these infamous industry standards. To me, they introduce distortions, since people are paid based on returns, rather than their negotiating skills. I am certain you have an expert committee that assesses risks and makes decisions in your organization. Why pay someone based on the fact that he generated certain returns, without any concern for the long-term consequences of those returns?
On April 23rd, 2009. See this statement in context.