I used to work for a company that gave out bonuses quarterly. Inevitably I'd hear different people express how wonderful that was. I remember all my coworkers would be excited whenever the bonuses were about to be paid out. Including me. Everyone loves bonuses, right?
Eventually though, people would move on to higher paying jobs. Usually those jobs would only have 1 or two bonuses a year, but annually they earned more.
But I always wondered, if everything else was the same, which "method" was best? They have different pros and cons...
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