Bonuses will be targeted at top staff only

Phillips, Lucy
January 2009
People Management;1/1/2009, Vol. 15 Issue 1, p7
The article reports that bonus payments are set to continue despite the economic downturn but they will be increasingly targeted at a smaller minority of high performers, according to reward experts. Jon Terry, head of PricewaterhouseCooper's British reward consultancy, said that despite significantly reduced profits, bonuses in the financial services sector were still coming through because of its unique culture.


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