There's a compensation tool that accomplishes almost everything we want from incentives. It comes at the end of a year of good performance. It encourages employees to stay longer to realize its full benefit . It is the "raise."
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Photographer: Simon Dawson/Bloomberg
The lights of Canary Wharf, kept on, perhaps, by bankers working late to justify their bonuses.
$2 Million Bonuses Do Nothing For Performance. Europe Is Finally Killing Them.
Photographer: Jason Alden/Bloomberg
'Rush Hour' by George Segal in front of the UBS AG offices.
‘$50,000, $100,000 … Whatever You Want’
Swiss bank UBS AG agreed to $1.5 billion in fines in the Libor fixing probe in a settlement with U.K., U.S. and Swiss regulators. To those who’ve been following the probe carefully and know that a settlement of that size...
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