Citi

Why bonuses tied to ESG could leave a ‘sour taste’ in the City

Reading now: 146
fnlondon.com

More City workers face bonus cuts for failing to meet environmental, social and governance goals, but recruiters and employment lawyers warn that unless such schemes are well designed, staff could be left frustrated at pay cuts for supposed ESG failures.“Before, bonuses were all very much about: ‘you delivered this much in revenue and you get X amount’,” a City recruiter who asked to remain anonymous said. “You just needed a sophisticated spreadsheet and a management system and you could work out the answer.“But...

Read more on fnlondon.com
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA