"Both tenure and performance are important, but I lean toward performance incentives. Employees should be paid and rewarded based on the documented value they bring to the organization. This approach is a strong motivator - a new employee would be greatly encouraged by being rewarded for performance, which also facilitates a healthy competition with more tenured employees."

"This is a classic question, isn't it? Experience and company knowledge are so important and are certainly of value to an organization, while performance is the documented articulation of an employee's value to the company. I believe the best compensation programs figure out a way to honor both, with an emphasis on performance. Doing so encourages good employees to stay since they know they're valued for their tenure and experience - but it discourages people from getting so comfortable in a long-time role that they don't strive for their highest performance."