Altering Compensation Approaches To Reflect The Changing Financial Landscape

Posted in : HR Updates ROI on 2 July 2014
Valerie Daunt
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Valerie Daunt writes:

The market events of 2008 have caused financial services organisations to rethink their strategy and approach to both short-term and long-term compensation programmes. New compensation plans will need to align with shareholder objectives, profitability targets and cost constraints, while at the same time developing and retaining top talent. Therefore financial services institutions will need to consider tailoring their compensation programmes by key employee segments, including executives, revenue producers, revenue support and non-revenue producing employees.

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This article is correct at 07/10/2015

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Valerie Daunt

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