Matt Sinnott’s recent article on the removal of the bonus cap in the UK (here if you missed it: The end of the bankers’ bonus cap: raising the ceiling, or lowering the floor?) got Stephen thinking about how companies might tackle the difficult topic of whether to rebalance back from fixed pay to variable pay for […]
The end of the bankers’ bonus cap – thoughts from new 3XO Principal, Stephen Forbes Read More »
by Matt Sinnott, Principal 3XO It’s widely thought that the most significant effects of the bonus cap were largely unintended in nature. The creation of ‘role-based allowances’ and other mechanisms to increase fixed pay meant that all but the highest total compensation packages were significantly less closely linked to performance, effectively insuring poor performers or
The end of the bankers’ bonus cap Read More »
If you’ve just taken on a role as CHRO, or your organisation is going through a transformation or budget change that gives you a chance to reset, designing your HR organisation and leadership team can seem a daunting undertaking. Service models and organisation structures for a modern HR function rarely follow a template. Of course,
Setting up your HR Organisation Read More »
