The case is set in the financial services industry during the fiscal disaster of 2008/09 and discusses issues when deciding on "reasonable" compensation packages for both senior management as well as risk managers.
When the institution is showing a reduction/accepting government money to survive, how can banks warrant multimillion dollar bonuses to top management? Can settlement packages please both investors and employees at different periods of the cycle and be competitive? The case emphasize the business's soul searching and attempt to conciliate an indignant public and manage potential future pressure scenarios better.
PUBLICATION DATE: June 30, 2009 PRODUCT #: INS101-HCB-ENG
This is just an excerpt. This case is about STRATEGY about STRATEGY & EXECUTION