Compensation Structure Alignment with Ethical Standards

As a newly appointed portfolio manager at a small asset management firm, you are reviewing the compensation structure of your team. You notice that the firm incentivizes its employees predominantly based on the short-term performance of their managed portfolios. The firm's objective is to rapidly grow its assets under management (AUM). One of your colleagues proposes a revised compensation plan that prioritizes long-term investment performance, while others argue that maintaining the current structure is more beneficial.

According to the CFA Institute Code of Ethics and Standards of Professional Conduct, what is the most appropriate course of action regarding compensation that aligns with the duties to your employer?