What historical group is cited as an early example of compensation systems from the 18th century?

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The correct answer highlights pirates as an early group with a notable compensation system from the 18th century. During that time, pirates operated under a code that established specific rules regarding the distribution of plundered wealth among the crew. This compensation model was revolutionary for its time, as it was structured to promote fairness and teamwork. Pirates used a system where each crew member would receive a share based on their rank and contributions to the voyage, which incentivized participation and loyalty.

This historical context underscores the importance of organized compensation systems in motivating a group, suggesting that these early practices of profit-sharing and equitable distribution had a significant impact on later compensation theories in various professions. This contrasts with other groups mentioned, where their compensation structures may not have been as formalized or well-documented in terms of established codes or systems.

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