tournament theory
C2CEFR level
92/100Rarity: very rare
TechnicalRegister
The idea that large pay gaps between ranks act as prizes that motivate effort throughout an organisation.
Tournament theory justified the chief executive's outsized package as an incentive for every ambitious deputy below.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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