The case is in the financial services sector during the financial crisis of 2008/09 and addresses issues when deciding on packages “fair” compensation for senior managers and risk managers. How banks can justify bonuses of several million dollars in the sense that the institution a loss / accept government money to survive? Compensation systems can be competitive and meet the employees and shareholders at different stages of the cycle? The case emphasizes introspection and attempts to appease outraged public and possible future situations better manage stress industry.
Release Date: June 30, 2009. Prod #: INS101-PDF-ENG
U.S. Bank: the challenge of compensation after the settlement of the case 2008 financial crisis