Joel would say that, since "incentive pay" comes out of his profit!

The prospect of more money wouldn't convince me to do a job I actively disliked but at the end of the day I'm a professional. I do what I do for money. The company isn't shy about boosting its revenue and making profits, why should I be?

This is the same guy that buys offices for all his coders and gives them first class tickets if they travel.

I'm pretty sure he's got a better motivation than reduced profit for not liking incentive pay.

Joel would be one of the least concerned about how incentive pay affects his profit - he spends way more than average per developer, but in the areas where he thinks it has a positive effect, like above average salary, good desks/chair, etc.

You may dislike Joel, but but that's a stupid argument.

I like Joel, and have subscribed to his blog for years, and what he say often seems to make a lot of sense. However, I know a lot of people in this industry, and I don't know a single one who uses a Fog Creek product. That, to me, speaks volumes.

You don't personally know anyone who uses Fog Creek software, and that means what? Fog Creek is a failure?

Fog Creek looks to be doing quite well whether you know anyone who uses their products or not.

It means that Joel's writing, while good writing, carries no more weight than any other tech blogger (of which there are many).