Lack Of Transparency

The main problem with the bank’s new approach to pay and performance is its fundamental lack of transparency. According to the bank’s own research, 31% of staff don’t trust their line manager to make fair decisions about their reward. That’s a startling statistic. And...

Letter To MP Frank Field Regarding Executive Pensions

Please click here to view a PDF version of the letter. Latest News Lack Of Transparency 3rd October 2019 Letter To MP Frank Field Regarding Executive Pensions 1st October 2019 Transparency Of Bonuses 27th September 2019 ‘Two-Pensions Osorio’ Not A ‘Charismatic Winner’...

Transparency Of Bonuses

It seems that SPWs pricing strategy – which was quoted extensively in the Financial Times from a leaked internal document – has set the cat amongst the pigeons. The Financial Times said: “The aggressive pricing strategy….comes as it [SPW] seeks to become a big...

Lloyds Sales Culture – 2019

In a recent article on the PPI mis-selling scandal, the Financial Times quoted from an unnamed Lloyds seller who was working in the bank when PPI was being sold. The article says: “When Mathew started working for one of the UK’s biggest banks in the late 1990s, he...

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