Is bonus banking the answer to banking bonuses?

Is bonus banking the answer to banking bonuses?
Document type
Article
Corporate author(s)
Hay Group
Publisher
Hay Group
Date of publication
1 March 2009
Subject(s)
Trends: economic, social and technology trends affecting business, Management & leadership: including strategy, public sector management, operations and production
Collection
Business and management
Material type
Reports

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This article discusses 'bonus banking', touted by some commentators as the 'holy grail' of incentive structures, allowing companies to balance short term and long term value creation, satisfy their stakeholders' demands for accountability and succeed in attracting, motivating and retaining the talent they need. With regulators looking favourably on the idea, some banks have already announced their intention to adopt these structures.

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