How a firm structures its compensation and incentives schemes must be aligned with its culture.
Observations
Nov 06, 2023The Bank of England and the Financial Conduct Authority (FCA) have formally lifted the cap on banker bonuses, a rule the EU introduced after the 2008 financial crisis.
Observations
Dec 06, 2022Recent research published in the Academy of Management Annals found that workplace incentives “can be a cure as well as a poison.” The paper analyzes how incentive programs can unintentionally encourage bad behavior at work, pointing to several prominent examples.