You should give people a choice. Have two compensation plans: one based on production, the other based on hours. If people want to be judged and payed on their results, then let them. If they'd prefer 'wage slavery' then let them. It would take some mathematical fine tuning to make this profitable, but I think it would be the most conscious choice as you're letting other people choose. I also think you'd be surprised by how many people will choose 'wage slavery'.
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